MCX Stock Split: Don't Panic Over 80% 'Plunge', Here's Why It's a Gain

• MCX shares appeared to drop over 80% on January 2 due to a 1:5 stock split adjustment.
• The stock split, approved in September, converted each Rs 10 face value share into five Rs 2 face value shares.
• Adjusting for the split, MCX actually jumped 4% to a fresh 52-week high of Rs 2,278.
• Shareholders' total investment value remains unchanged; they now own more shares at a lower per-share price.
• The split aims to increase liquidity and make shares more affordable, potentially boosting investor interest.

Why It Matters: MCX's apparent 80% stock plunge was a 1:5 split adjustment; the stock actually gained 4%.