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Angel One Trades Ex-Split as 1:10 Stock Split Cuts Quoted Price by About 90%

The apparent plunge reflects a mechanical price reset that leaves investor holdings unchanged.

Overview

  • Shares opened near Rs 251 versus a pre-split close around Rs 2,491, with market capitalisation reported at roughly Rs 22,358 crore.
  • The company’s 1:10 subdivision took effect today with February 26 set as the record date for eligibility.
  • Shareholders will automatically receive nine additional shares for every one held, keeping the total investment value the same.
  • Trading reflected the adjustment rather than a selloff, with an intraday low reported near Rs 241.50 on the BSE.
  • Angel One highlighted stronger operating trends, citing a January client base of 36.39 million, average daily orders at 7.33 million, and Q3 FY26 profit of Rs 269 crore.