Angel One Shares Plunge 90% in Trading, Sparking Investor Concerns
Angel One Share Price Adjusts Following 1:10 Stock Split
On February 26, 2026, Angel One's share price experienced a sharp decline in Thursday's trade, reflecting a nearly 90% drop from its previous close of Rs 2,489.90 on the National Stock Exchange (NSE) to an adjusted opening price of Rs 251 per share.
The stock split, which took effect on the record date, involved subdividing each equity share with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each. As a result, the total value of shareholders' holdings remained unchanged, despite the adjusted share price. The stock began trading ex-split on Thursday, adjusting in line with the revised share structure following the corporate action.
Angel One had announced its first-ever stock split on January 15, while declaring its October-December quarter (Q3 FY26) results. The company fixed February 26 as the record date to determine shareholders' eligibility for the stock split. At 12:15 pm, the adjusted stock price was down 2.41% at Rs 243 per share on the NSE.
By undertaking a stock split, Angel One aims to improve liquidity, increase the number of outstanding shares, and make the stock more accessible to retail investors. The overall market capitalization remains unchanged, with a lower share price potentially supporting trading volumes.
Investor Takeaway
Investors should be aware that stock splits do not affect the value of their holdings, but can cause short-term price fluctuations.
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