V-Mart Retail stock drops 74% due to bonus issue
V-Mart Retail's stock took a sharp 74% dip on Monday, sliding from ₹3,558 to ₹921.90 per share.
The big drop happened as a result of the company's 3:1 bonus issue—meaning shareholders now get three extra shares for every one they own.
The idea is to make the shares more affordable and easier to trade for regular investors.
What is a bonus issue?
A bonus issue gives existing shareholders extra free shares, so the number of shares goes up but the price per share drops—your total investment value stays the same though.
V-Mart's market cap remains at ₹7,323 crore, and June 23 was set as the cut-off date for who gets these bonuses.
V-Mart had a solid FY25
Despite all this market drama, V-Mart actually had a solid year: revenue jumped 17% to ₹3,254 crore in FY25 and profits bounced back with net profit at ₹46 crore (after losses last year).
They also opened 62 new stores in smaller cities while shutting down nine others—so they're still expanding their reach across India.