Did Goodluck India shares really crash 66% in just one day? Here's how the bonus math works
- Source
- The Economic Times - General
- Source link
- https://economictimes.indiatimes.com/markets/stocks/news/did-goodluck-india-shares-really-crash-66-in-just-one-day-heres-how-the-bonus-math-works/articleshow/133393365.cms
- Published
- 2026-08-21 04:50:00
- Discovered by ProcIntel
- 2026-08-21 09:23:01
- Category
- Procurement & Supply Chain News
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an adjusted basis. Here’s how the bonus issue affects the share price, eligibility, dividend and investor holdings.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-21 09:23:01
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.