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VERIFIEDMint Markets·neutral

Brigade Enterprises turns ex-bonus: Stock appears to crash 22%, but actually jumps 10%; here's what happened

AI Summary
  • ·Brigade Enterprises turned ex-bonus on Wednesday following its 1:3 bonus issue.
  • ·The stock opened at an adjusted price of ₹559.70.
  • ·The apparent decline reflects the bonus adjustment, not a loss in shareholder value.
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