Overview
- Shares opened around Rs 601–602 versus a prior close of Rs 1,802.25 as the ex-bonus adjustment took effect on Thursday.
- Some trading apps showed an apparent 66–67% one-day drop because they compared post-adjustment quotes with unadjusted prices.
- After the adjustment, the stock traded in a narrow range and closed about 0.45% lower at Rs 598 on the NSE.
- The record date for the 2:1 bonus is September 11, 2025, and the company expects to credit the bonus shares on or before September 16.
- Market value remained largely intact near Rs 65,000 crore, even as Q1 revenue rose 24% year-on-year and net profit fell 31% with lower EBITDA.