Stock Splits and Bonus Issues
The Stock Split
That Changed
Nothing
Cousin forwarded a screenshot. Board approved a 1:1 split. Price halved to Rs 100. His message: "It just got cheaper." Cheaper than what?
The price halved. The share count doubled. The value did not move by a single rupee.
A stock split changes the label on the screen. It does not change the business, the earnings, or what your holding is worth.