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Did Anand Rathi Wealth shares really crash 50% in one day? Here's how the 1:1 bonus math works

As reported by Stocks-Markets-Economic Times
Anand Rathi Wealth shares appeared to tumble nearly 50% after turning ex-bonus for its 1:1 bonus issue. The decline was purely due to a price adjustment and not a loss in value. The company will issue one bonus share for every existing share, while capitalising Rs 41.51 crore from reserves.
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