26 Feb , 2026 By : Debdeep Gupta
Angel One share price fell sharply in Thursday’s trade following a stock split, though the decline did not result in any loss of value for investors.
The stock opened at Rs 251 per share on the National Stock Exchange (NSE), compared with its previous close of Rs 2,489.90. The nearly 90 percent drop reflected the adjustment after the company’s 1:10 stock split, which took effect on the record date.
Under the split, each equity share with a face value of Rs 10 has been subdivided into 10 equity shares with a face value of Re 1 each. As a result, while the share price adjusted lower, the total value of shareholders’ holdings remained unchanged.
The stock began trading ex-split on Thursday. Once a stock trades ex-split, the price adjusts in line with the revised share structure following the corporate action.
Angel One had announced its first-ever stock split while declaring its October–December quarter (Q3 FY26) results on January 15. The board had approved the proposal to split the existing equity shares in the ratio of 1:10.
Earlier this month, the company fixed February 26 as the record date to determine shareholders eligibility for the stock split.
At around 12:15 pm, the adjusted stock price was down 2.41 percent at Rs 243 per share on the NSE.
Companies typically undertake stock splits to improve liquidity. While the number of outstanding shares increases after the split, the overall market capitalisation remains unchanged. A lower share price may also improve accessibility for retail investors and support trading volumes.
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