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On June 17, 2025, shares of Bajaj Finance Ltd. $BAJFINANCE.NS registered a dramatic price correction of over 90%. The move was purely mechanical, triggered by the execution of two corporate actions: a 4:1 bonus issue and a 1:2 stock split. The adjustments, taken together, increased the total number of outstanding shares tenfold, proportionally reducing the stock’s face value. Despite the sharp decline in per-share price, the company’s market capitalization and shareholder value remained unchanged. The temporary gap between adjusted market prices and uncredited bonus shares in demat accounts caused short-lived confusion.
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Perhaps we've just seen the tip of the iceberg
R1's focus on efficiency could truly redefine cost management in the AI space—exciting times ahead!