BEML shares plunge 50% due to stock split
market hours1 source ↓written by the desknot a recommendation
- from the previous
- 50% drop
- down just
- 0.55%
BEML Ltd shares opened at ₹1,042 today, marking a 50% drop from the previous close of ₹4,399.80. This decline follows a stock split from ₹10 to ₹2 face value, aimed at enhancing liquidity. Adjusted for the split, shares were trading at ₹2,187.95, down just 0.55%. This move may confuse some investors due to unadjusted prices on trading platforms.
Not investment advice. For informational purposes only.