MCX Shares Plunge 80%? No, It's a Stock Split, Not a Crash!

• MCX shares appeared to drop over 80% on January 2 on trading platforms, causing investor concern.
• The massive decline was actually due to a 1:5 stock split, not a real fall in value.
• Post-split, the share price adjusted from ₹10,989 to approximately ₹2,230, then rose about 4% to a new 52-week high of ₹2,278.
• This was MCX's first stock split, dividing each ₹10 face value share into five ₹2 shares, with January 2 as the record date.
• Stock splits make shares more accessible, increase liquidity, and improve trading volume without affecting investment value or company fundamentals.

Why It Matters: MCX's apparent 80% share drop was a stock split, not a loss, actually leading to a price rise.