Bajaj Finance stock plummets by 90%
On Friday, Bajaj Finance shares suddenly looked way cheaper, falling from ₹9,331 to ₹937 at market open. But don't panic—this wasn't a crash. The company just did a stock split and gave out bonus shares to make investing easier for everyone.
What actually happened?
Bajaj Finance split each share in two and handed out four bonus shares for every one you owned. So yes, the price per share dropped sharply—but your total investment's value stayed the same because you now own more shares.
Why this matters
If you're new to stocks, sudden price drops like this can look scary. But moves like splits and bonuses are just technical adjustments to help more people invest—they don't mean the company is in trouble. Knowing this can save you some unnecessary stress next time you see headlines like these!