Godfrey Phillips Shares Drop After Bonus Issue

Godfrey Phillips India gave existing shareholders extra shares.

For every share held, investors received two more, known as a bonus issue.

The stock price appeared to drop significantly in some trading apps because of the bonus share adjustment.

This means the total value of the shares is spread across more shares, so the share price decreases.

However, the overall value for the shareholder remains the same.

The company's stock has performed well, with significant growth over the past five years and a strong increase in 2025.