Nestle's stock price is expected to fall by 90% due to a 1:10 stock split, reducing the theoretical price from approximately 24,000 rupees to 2,400 rupees.
"the company has announced a stock split in the ratio of 1 is to 10 so right now the face value of the stock is around 10 Rupees and that is going to get into that is going to get down to one rupee so if that be so the market price will also go down in the same proportion basically the stock price will go 1/10th so currently the price is at around 24,000 rupees as I shoot the video theoretically it will go down by 1/10th and that is the reason why it will go down to around 2,400 rupees"