Did this L&T-backed AI stock actually crash 90% in one day? Here's all you need to know
- Posted on June 5, 2026
- By Business News Today
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- 1 min read
Did this L&T-backed AI stock actually crash 90% in one day? Here's all you need to know
E2E Networks appeared to plunge nearly 90% in a day after its 1:10 stock split took effect, but the move was purely a price adjustment. The AI-focused cloud computing company actually hit the 5% upper circuit post-split. Backed by L&T, the stock has surged over 127% in 2026 so far.
