📉 IRB Infra Falls 51% — But It’s Not a Real Crash
IRB Infrastructure Developers shares dropped 51% to ₹20.10, but the fall is due to a bonus issue adjustment, not actual selling pressure. The company announced a 1:1 bonus issue, meaning investors get one extra share for each share held. Because of this, the stock price adjusted downward to reflect the increased number of shares. The stock opened at ₹20.56 and later recovered, rising about 11% to ₹22.70 during the session. April 1 is the record date to determine eligible shareholders for the bonus shares. #IRBInfra #BonusIssue #StockMarketIndia #MarketUpdate #Stocks
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