Is historical price adjusted for corporate action?

[Aman_Jha]

Is historical price adjusted for corporate action?
When do that get adjsuted on the day of corporate action or later?

[Pradeep_Jaiswar]

Yes, corporate actions are adjusted on the same day.

[nmsnms]

Hi @Pradeep_Jaiswar ,

I had requested this historical data for powergrid corporation.

https://api.upstox.com/v2/historical-candle/NSE_EQ|INE752E01010/day/2023-09-30/2023-09-01

There was a stock split on 12th September 2023. But the response doesn’t reflect the corporate action.

Response has this data:
[
“2023-09-12T00:00:00+05:30”,
203,
204.25,
190.65,
191.3,
29826173,
0
],

While, the adjusted OHLC should have been 195.85,197.05,183.95,185.55 . This data as per TradingView.

Could you please re-confirm whether the prices are adjusted for corporate actions?

[Pradeep_Jaiswar]

The data above matches TradingView for September 12th. Please refer to the screenshot below for verification.

Currently, we only adjust for bonuses and splits.

[nmsnms]

HI @Pradeep_Jaiswar ,

Thanks for your time & reply.

Trading View chart would show two types of charts - One is Adjusted & the other Non-Adjusted.

Below chart shows Adjusted chart. (The highlighted text ADJ on the bottom right corner can be noticed.)

Attaching the other chart in a new reply.

[nmsnms]

The one below shows chart with price showing that of Non-Adjusted chart (the text ADJ won’t be highlighted in this image)

The OHLC as per Trading view for 12th September 2023 :
Adjusted Prices- 195.85,197.05,183.95,184.55
Non-Adjusted Prices - 203 , 204.25 , 190.65 , 191.30

Thank You.