HDFC AMC stock price adjusts after 1:1 bonus issue triggers sharp optical decline

HDFC AMC’s share price appeared to plunge due to a 1:1 bonus adjustment, though valuations remained intact as higher liquidity and strong Q2 earnings supported underlying sentiment.

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7 days ago

HDFC AMC stock price adjusts after 1:1 bonus issue triggers sharp optical decline

HDFC AMC stock price adjusts after 1:1 bonus issue triggers sharp optical decline
HDFC AMC shares reflected a technical adjustment on Wednesday following the company’s 1:1 bonus issue, causing the stock to open nearly 50 percent lower at ₹2,682 compared to the previous close of ₹5,336.50. Despite the sharp visual drop, the stock was effectively trading marginally higher around ₹2,670 on the NSE by mid-morning. Bonus issues increase the number of outstanding shares without altering overall market capitalization, improving liquidity while keeping valuations unchanged. 
Companies:
  • HDFC AMC
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