Did Anand Rathi Wealth shares really crash 50% in one day? Here's how the 1:1 bonus math works

Anand Rathi Wealth shares appeared to tumble nearly 50% after turning ex-bonus for its 1:1 bonus issue. The decline was purely due to a price adjustment and not a loss in value. The company will issue one bonus share for every existing share, while capitalising Rs 41.51 crore from reserves.

Raccontata daeconomictimes.indiatimes.com