Brigade Enterprises closed at ₹720.25 on Tuesday and turned ex-bonus on Wednesday following its 1:3 bonus issue. The stock opened at an adjusted price of ₹559.70, with the apparent decline reflecting the bonus adjustment rather than any loss in shareholder value.
Brigade Enterprises turned ex-bonus on Wednesday following its 1:3 bonus issue. The stock's apparent 22% decline to an adjusted ₹559.70 reflects this bonus adjustment, not a loss in shareholder value. In reality, the stock saw a 10% jump on an adjusted basis, indicating positive…
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