Univastu India Share Price Appears Down 64% as Stock Trades Ex-Bonus After 2:1 Issue

Pune, October 13: Univastu India Limited’s share price is trading ex-bonus today, on October 13. Because of the ex-bonus adjustment, the share price is seemingly down by 64.73%, or 169.71 points, to trade at ₹92.49, as of 9:30 AM. However, the fall by over 64% is not a real monetary loss, but just an adjustment to its 2:1 bonus share issue.

Univastu India Limited is an Indian company that is engaged in the construction and infrastructure development. The company was established in 2009 and is headquartered in Pune, Maharashtra. The shares of the company are listed on NSE with the ticker symbol UNIVASTU.

Since eligible investors will receive two new equity shares for every one share held, the share price has been adjusted to reflect the bonus issue. As a result, while investors now hold more shares, the overall value of their investment remains largely unchanged due to the corresponding price adjustment.

Share Price Fall Not Indicative of Real Loss

The share price was down by 44.73%, as compared to the October 10 close of ₹259.00. Until now, the shares have traded within a range of ₹94.99 and ₹89.79. The traded volume stood at 35.56 thousand shares, with the company’s market cap at 315 crore. The current share price is a technical adjustment, and investors should not worry about their investment value. It will remain the same (excluding intraday volataitily) after the bonus issue.

Companies announce bonus issues to reward existing shareholders with additional shares and make the stock price more affordable for new investors. This move also enhances market liquidity by increasing the number of shares available for trading.

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