📊 Adani Power Stock Split Takes Effect Today — What Investors Should Know
Adani Power’s first-ever 1:5 stock split goes live today, and it’s creating a buzz across the markets.
Here’s what this means — and what to watch out for — if you hold or are tracking the stock:
🔑 Key Details of the Split
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Each existing share with a face value of ₹10 is being subdivided into 5 shares of face value ₹2 each.
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The split is designed to make shares more affordable and to boost liquidity & trading participation, especially from retail investors.
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The record date for eligibility was set for today. Those holding shares before that will receive their subdivided shares.
📉 Price Adjustment & Market Behavior
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Since today is the ex-split date, the share price is being adjusted accordingly. In simple terms, the price per share will drop (roughly to one-fifth) to reflect the increased number of shares outstanding.
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For example: the stock closed at ~₹709.40 on Friday, and in today’s trading, the adjusted opening price was around ₹141.80 (before market forces act).
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Despite the large “drop” in per-share price, the total value of one’s holdings remains unchanged (excluding normal market movements).
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Interestingly, post-adjustment, the stock has seen strong buying interest, rising ~19% in early trade from the adjusted price.
✅ What Investors Should Keep in Mind
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Your total investment doesn’t change just because of the split; you’ll now hold more shares at a lower price each.
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The split doesn’t impact the company’s fundamentals, earnings, or market cap (barring investor sentiment).
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It may take 1–2 working days for the new shares to reflect in your Demat account.
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Any short-term volatility is possible as the market adjusts to the new share structure.
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For long-term investors, this could improve liquidity and accessibility, making it easier to trade smaller quantities.