On Thursday, 26 December 2024, the stock of Mazagon Dock Shipbuilders closed at Rs 4,750. But when the market opened on the morning of Friday, 27 December 2024, the stock price of the company was Rs 2,375. At the same time, the stock of the company had recently reached an all-time high of Rs 5,860. Investors are constantly asking questions on this whole matter. Let us tell you in detail. 

Why did the share price of Mazagon Dock Shipbuilders fall by half on Friday?  According to the information released on the exchange, the share split that the company had announced from December 27 has come into effect.

Reducing the face value of a share is called share split. The face value of Mazagon Dock's share  was Rs 10 earlier. Which has now been reduced to Rs 5 per share. With the split, the market price of the share on the record date has also been adjusted into 2 parts. Share split is done especially for the purpose of increasing liquidity and volume. The purpose of share split is to make more and more retail investors shareholders. In such a situation, the investor should not panic. Because the value of the shares with them would have doubled. Suppose someone had bought 100 shares, then now they would have become 200 shares. Concord Enviro IPO Listing: Shares listed on NSE - BSE, millions of investors made profit as soon as they entered the market. Share performance - 3% in one month, 10% in 3 months, 100% in one year and 1700% in three years.