Angel One stock plunges up to 90% on ex-split; what investors should know
Angel One stock plunges up to 90% on ex-split; what investors should know
Angel One's 10-for-1 stock split triggers an apparent 90% drop in some apps as the price adjusts. Here's what happened and what it means for retail investors.
Angel One Ltd’s shares are catching traders’ attention as the stock turns ex-split today, resulting in a dramatic intraday fall visible across some trading apps. While the chart shows a downturn of up to 90%, market watchers caution this is a technical adjustment tied to the upcoming 10-for-1 share split rather than a sudden collapse in the company’s value. Investors should note that the split means one existing share will be replaced by ten shares with a lower price per share, effectively spreading ownership across a larger number of smaller holdings. The company has set February 26, 2026, as the record date to determine eligible equity shareholders for the subdivision, and the total number of shares held by each investor will rise accordingly.
In practical terms, the move is designed to make the stock more accessible to a broader base of retail investors by lowering the absolute price per share. Company filings indicate a straightforward adjustment: one pre-split share becomes ten post-split shares, with the market price adjusting proportionally. For reference, the stock traded around Rs 251.35 at the opening, after being seen at a prior close of roughly Rs 2,491.20 before the ex-split announcement. At one point, the price displayed as low as around Rs 243 on the exchange, reflecting the mixed reaction during the transition period.
Beyond the split mechanics, the firm’s January 2026 business update highlighted stronger platform activity, with aggregate orders and average daily orders rising to a 15-month high. This surge in activity suggests underlying demand and potential growth in trading volumes, which could support the stock’s long-term prospects once the price normalization after the split settles. The company’s current market capitalization is cited around Rs 22,358 crore, underscoring a substantial scale even as the immediate price move unfolds.
Analysts and investors are advised to focus on fundamentals and long-term trajectory rather than the short-term price action created by the split. While the ex-split creates a spectacle in trading apps, the enterprise value and growth indicators remain the crucial barometers for investors considering participation in Angel One’s equity post-split.
