Tata Investment Corp shares crash 90% in just one day! Is that true?

Shares of Tata Investment Corporation fell sharply on October 21, hitting a low of Rs 1,015 on the NSE, following a 1:10 stock split. The apparent drop is purely optical, as the companys market capitalisation and investor holdings remain unchanged. Post-split, the stock opened around Rs 1,056, making shares more affordable and improving liquidity.