BSE share price crash: Why has the stock plummeted 67% in a day?
This is BSE’s second bonus share issuance in its history, with the previous distribution occurring in March 2022. (AI image)
BSE share price crash: BSE Ltd. shares dropped significantly by 66.6% during Friday’s trading session as the stock started ex-bonus trading, following the implementation of the organisation’s 2:1 bonus distribution.The company’s earlier announced 2:1 bonus share distribution became effective, resulting in the stock price settling to Rs 2,335 on the NSE. Following the adjustment, BSE shares increased by 2.3%, reaching a peak of Rs 2,389 during the day.Shareholders who possessed the company’s shares as of May 23, the designated record date, qualified to receive two fully paid-up equity shares of Rs 2 each against…
