Kotak Mahindra Bank Shares See Apparent Drop Due to 5:1 Stock Split Adjustment
5 hours agoBusiness
28LENS
4 Sources
TBNthebalanced.news

Kotak Mahindra Bank Shares See Apparent Drop Due to 5:1 Stock Split Adjustment

Kotak Mahindra Bank shares experienced a significant apparent drop of over 80% on January 14th, causing investor concern. However, this sharp decline was purely a technical adjustment due to a 5:1 stock split that took effect that day. The split subdivides each share, reducing its face value and price per share proportionally, without altering the bank's fundamental value or an investor's total wealth. The stock is trading within its normal range on a split-adjusted basis.

Political Bias
16%68%16%
Sentiment
61%