If you see BSE shares are down 67% on your app, stay calm because this does not mean your stock value has actually gone down so much right now. The reduction in your number of shares is the result of a technical change caused by the bonus share issue from BSE Ltd., which took place on May 23, 2025.

Shareholders of BSE Ltd will now receive two additional shares for every one they have because of the generous bonus issue announced by the company. Even so, this corporate measure has caused issues on many trading apps because the displayed prices appear to show sudden and huge drops for everyone using those services.

BSE stock "crash" explained—why this multibagger shows a 67% fall today.

Sadly, things are not at all like that. On May 22, BSE shares ended at ₹7,015, and on May 23, they opened for the first time post-bonus at ₹2,358. Because of the bonus, the stock price is reduced to keep the total value of the shares the same.

The overall value owned by an investor doesn’t change: their shares are usually worth more with a lower price after the bonus issues. It’s as if you slice a pizza in half—there are now two pieces instead of one, but you still have the same amount of pizza. For the 2:1 BSE bonus, before the split an investor had one share worth ₹7,015, but after the split, they have three shares for the same total value, each share now worth about ₹2,338.

While some traders might have noticed a crash on the trading apps, BSE Ltd. is one of India’s leading multibagger companies.

The company’s shares have delivered exceptional returns with over 5,200% growth in five years, a 165% gain in the past year, nearly a 50% increase over six months, and a 12% appreciation in just the last month. Even after the bonus adjustment, BSE shares gained over 2% on Friday, reaching ₹2,389 and pushing the company’s market capitalization close to the ₹96,000 crore mark.

BSE’s remarkable stock performance is supported by robust financial fundamentals. The company’s latest quarterly results showcase impressive growth with net profit surging 362% year-on-year to ₹494 crore, revenue from operations rising 75% YoY to ₹847 crore, operating EBITDA more than tripling to ₹594 crore, and healthy EBITDA margins maintained at 70%. These numbers demonstrate that BSE’s business momentum remains strong, justifying investor confidence in the stock.

BSE will issue 27.46 crore bonus shares of ₹2 face value on May 26, 2025, if you are a shareholder on May 23, 2025, or later. New investors won’t receive the bonus allocation because it is only given to those who owned BSE shares as of the record date.

As of March 31, 2025, market investor Mukul Mahavir Agrawal owned 16 lakh shares in the company, representing a 1.18% stake in BSE. After the bonus issue, he holds 48 lakh shares, but his portion of the company remains 1.18%.

BSE’s current shareholders need not be concerned by the downward trend seen on some sites. The main things to keep in mind are that you haven’t lost anything as the total amount remains close to what it was before, you hold three times more shares, BSE is still strong, and the ‘crash’ shown by some apps is just due to changes in how they look and operate.

At the adjusted high of ₹2,529.33 on May 20, BSE has since fallen about 6%. Regardless, the share price has risen 240% since it was ₹705 one year ago, as adjusted for splits in July 2024. The bonus shares show management trusts in the business’ future and is dedicated to rewarding those who have supported the company for a long time.

With India’s capital markets continuing to expand and BSE maintaining its position as the country’s premier stock exchange, the company appears well-positioned for sustained growth. The robust financial performance, including the 362% profit surge and 75% revenue increase, combined with efficient operations reflected in the 70% EBITDA margins, underscores the company’s operational excellence.

Though your trading app displays a big drop in BSE shares today, investors who pay attention realize this is just a technical result of the company giving out many bonuses. The foundation of the business remains solid, the company is performing well financially, and future expansion appears sure. 

Owners of BSE shares will find today’s corporate action means your position is not reduced in worth, but simply that you get more shares. As soon as the trading platforms update with the bonus, the confusion will end, and people will see that this multibagger is still rewarding patient investors.

Stay tuned to get more updates on BSE stock!