A significant drop has been observed in one stock on the financial market; on some trading applications, this asset fell by 50 percent. This concerns the Kirloस्कर Pneumatic stock.
The decline in shares of Kirloस्कर Pneumatic, which is a multibagger stock, occurred today due to a stock split. The nominal value of the share was reduced from 2 rupees to 1 rupee.
Kirloस्कर Pneumatic reported in documents for the exchange that it set the record date for August 18, 2026, on Tuesday. According to this decision, investors will receive two shares for one.
This change does not mean a reduction in investment amount. Instead, since the number of shares doubles, the initial amount is distributed among a larger number of securities. For example, if an investor had 10 shares of this company before August 18, they will now have 20 shares, but the total invested amount will remain the same, and the cost of each share will be halved.
Kirloस्कर Pneumatic shares closed at 1532.40 rupees on Monday, and opened at 766.05 rupees on Tuesday after the split. It is possible that some broker trading applications display this 50 percent drop.
After the split, Kirloस्कर Pneumatic shares fell by more than one percent on Tuesday, reaching 757.75 rupees, which led to a decrease in market capitalization below 10,000 crore rupees. Nevertheless, on March 2, 2026, these shares were more than 60 percent above their 52-week low of 477.50 rupees.
Kirloस्कर Pneumatic designs and manufactures specialized industrial equipment, including air and gas compressors, air conditioning and cooling systems, process gas systems, and mechanical power transmission units (such as industrial reducers). Their products are used in sectors such as oil and gas, railways, defense, and general manufacturing.