Did this L&T-backed AI stock actually crash 90% in one day? Here's all you need to know

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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.