Ashok Leyland stock crash: Did the share price really drop 51%? Here’s what’s happened
Ashok Leyland’s shares experienced a 51% drop, from Rs 250.85 to Rs 123.95, due to a technical adjustment following a 1:1 bonus share issue. The stock began trading ex-bonus on July 16, with bonus shares credited to demat accounts on July 17 and trading commencing on July 18.🕒 1 min read
Ashok Leyland’s shares experienced a 51% drop, from Rs 250.85 to Rs 123.95, due to a technical adjustment following a 1:1 bonus share issue. The stock began trading ex-bonus on July 16, with bonus shares credited to demat accounts on July 17 and trading commencing on July 18.
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