Bajaj finance trades ex dividend stock split today shares rise 1 per cent is it a good time to buy for investors
Bajaj Finance Share Price: Bajaj Finance shares left many investors startled on Monday morning, displaying what appeared to be a 90 per cent drop in value. But here’s the truth, this is not a crash. The Nifty heavyweight went and today, and the value change is purely notional. The corporate actions are aimed at improving stock liquidity and making the stock more affordable for retail investors.
Bajaj Finance recently announced two shareholder-friendly measures a and a . These were approved by the company to enhance participation and improve stock liquidity on the bourses.
If you held 1 share of Bajaj Finance:
So, , but the total investment value remains the same as the stock price is adjusted accordingly.
Since both the bonus and split increase the number of outstanding shares, the share price adjusts downward to reflect the expanded capital. The momentary fall in your portfolio's value is a , not a loss. This is a standard practice for corporate actions.
Bajaj Finance has stated that the , after which the updated shareholding will be visible in investors’ demat accounts. So, if you had 1 share earlier, you’ll see 10 shares by that date.
Stock splits and bonus issues are often used by large-cap companies to improve retail participation by reducing the stock’s per-unit price. It increases liquidity without affecting the overall market capitalisation or your wealth.
If your portfolio looks like it took a 90 per cent hit today because of Bajaj Finance, don’t panic. Keep an eye on your demat on June 27 for the final credit.