BSE‘s apparent 66% share price drop is due to a bonus issue, not market volatility:
- Implemented a 2:1 bonus issue, issuing two bonus shares for every one held.
- Share price adjusted from ₹7,015 to ₹2,358 accordingly.
- Some trading platforms failed to reflect this, causing confusion.
👉 Why this matters: Understanding corporate actions like bonus issues is essential to interpret stock price movements accurately.
Source: Business Today
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