When TCS issues Ex bonus why stock got halved to 1750 from 3500 level? how is this different from stock split

when TCS issues Ex bonus why stock got halved to 1750 from 3500 level? how is this different from stock split

With Bonus issue, the face value of the stock does not get reduced which is in the case of stock split.
Face Value of TCS is 1 ₹ and cannot be split further.
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Awesome, Thanks :slight_smile:

Because of bonus shares, no. Of shares increase in proportion to the bonus ratio which in case of tcs is 1:1 so since no. Of shares doubled but that did not affect the market capitalisation and also it did not affect the price of the share. So that is the reason why price got halved. Similarly if the ratio is different i.e. 1:2 the price will be adjusted accordingly since no. Of shares have increased to that extent