Angel One Shares: 90% Drop Explained, No Investor Loss After Stock Split

• Angel One shares fell sharply by nearly 90% on Thursday, opening at Rs 251 compared to its previous close of Rs 2,489.90.
• The significant decline was due to a 1:10 stock split, not a loss in investor value.
• Each equity share with a face value of Rs 10 was subdivided into 10 shares with a face value of Re 1 each.
• The total value of shareholders' holdings remained unchanged despite the adjusted share price.
• The stock began trading ex-split on Thursday, a corporate action aimed at improving liquidity and accessibility for retail investors.