The company’s shares opened at Rs 251 apiece today, after closing at Rs 2,489.90 yesterday. The stock actually fell around 1% to trade at Rs 246.90 apiece, as seen at 9.40 am.
Angel One stock split
While announcing its October–December quarter (Q3 FY26) results on January 15, Angel One had announced its first-ever stock split in the ratio of 1:10. The board approved the proposal to split each existing equity share of the company with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each.
Earlier this month, Angel One fixed February 26 (today) as the record date to determine the eligibility of shareholders for the stock split.
What does this mean for shareholders?
If a shareholder owns one share worth Rs 100, a 1:10 stock split would convert it into 10 shares worth Rs 10 each. The total value of the holding remains unchanged at Rs 100. Once the stock begins to trade ex-split, the price appears to have significantly reduced, but this simply reflects the adjustment following the corporate action.
Only those shareholders who owned the stock as on the record date are eligible for the stock split.
Companies typically announce stock splits to improve liquidity. While the number of outstanding shares increases, the company’s overall market capitalisation remains unchanged. A lower share price can make the stock more accessible to retail investors, potentially improving participation and trading volumes.
Angel One share price
Angel One shares have fallen around 2% in the past one week, and more than 2% in the past one month. The share price is up nearly 4% in 2026 so far, after rising 11% in one year, and 133% in three years.
It currently has a P/E ratio of 294, and a market capitalisation of more than Rs 22,490 crore.
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