Synopsis:
Rolex Rings stock plunged nearly 90% after turning ex-split following a 1:10 stock split. The sharp fall reflects a technical price adjustment, not a loss in company value or investor wealth.
This company is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India is now in the spotlight after stock split took place. With a market capitalization of Rs. 3,431 cr, the shares of Rolex Rings Ltd are closed at Rs. 126.10 per share.
News
Rolex Rings stock crashed about 90% today because it started trading ex-stock split on October 17, 2025. The company had approved a 1:10 stock split, meaning each existing share with a face value of Rs 10 was split into 10 shares of Rs 1 face value each.
Before the split, the stock closed at around Rs 1,320, but on the ex-split date, it opened at Rs 132.50 on BSE, reflecting the proportional price adjustment rather than a real loss in value.
This explains the drastic drop in share price by 90%. Besides the split adjustment, the stock faced some selling pressure in the market, contributing to further decline.
The stock split was intended to make shares more affordable and attractive to retail investors and enhance liquidity. Despite recent revenue contraction and valuation concerns, the main reason for the huge price drop today is the technical effect of the stock split, not a fundamental value loss for investors.
About the company
Rolex Rings Limited is an Indian automotive component manufacturer specializing in engine and transmission parts, including piston rings, cylinder liners, and gaskets. Serving both domestic and international markets, the company caters to leading automobile and engineering firms, focusing on high-quality precision components and innovation to support the automotive and industrial sectors.
The company’s sales grew slightly from Rs. 284 crore in Q4FY25 to Rs. 292 crore in Q1FY26. Operating profit increased to Rs. 62 crore from Rs. 52 crore, while net profit declined to Rs. 49 crore from Rs. 55 crore over the same period.
Written by Manideep Appana
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