Ashish Kacholia Stock Hits 20% Upper Circuit Post-Split and Bonus

Imagine a company decides to give you more shares and also make each share smaller.

First, for every share you own, they'll give you another one, so you have double the shares.

This is a stock split.

Second, they give you four extra shares for every one you already have as a bonus.

So, if you started with 50 shares, after the split you'd have 100.

Then, with the bonus, you'd get 400 more shares, making your total 500.

This makes the price for each tiny share look much lower.

The company did this so more people can easily buy and sell their shares.

Even though you have many more shares, the total value of your investment usually stays the same right after these changes.