NEW DELHI: Ashok Leyland shares saw a sharp 51% drop on Wednesday, falling from Rs 250.85 to Rs 123.95, potentially causing concern amongst investors.However, the decline is not due to a market crash but a technical adjustment following the company’s 1:1 bonus share issue that took effect the same day, ET reported.The stock began trading ex-bonus on July 16, after the company announced one bonus share for every existing share, effectively doubling the share count while keeping the overall value of investor holdings unchanged.July 16 was…
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