A few stocks, including Shriram Finance, will be in focus next week as they reach their record dates for corporate actions including dividends, bonus shares, and stock splits. The record date serves as a cut-off date for companies to determine the eligibility of shareholders to qualify for corporate benefits. For shareholders to be eligible for…
READ MOREWipro shares climbed nearly 3% to Rs 578.8 in Friday’s trading session on the BSE following reports of two block deals executed on the counter. Media reports indicate that 8.5 crore equity shares of Wipro were exchanged in a pre-market block deal, with the promoter likely being the seller. As per the shareholding pattern available…
READ MOREShares of Mukesh Ambani-owned Reliance Industries (RIL) today fell by 2% to an intraday low of Rs 1,278.70 on the BSE after 11.9 lakh equity shares of the company changed hands in a block deal. The official parties of the transaction as well as the price at which the securities were traded are not currently…
READ MOREShares of SME stock Pulz Electronics are expected to be in focus today, as the record date for its 1:1 bonus issue is tomorrow, October 25, making today the last day to purchase shares for eligibility. This means that the shareholders who have the shares of the company in their demat accounts on the record…
READ MOREShares of small cap multibagger stock Grovy India are likely to remain in focus today as the company had fixed October 22 as the record date for the purpose of its 3:1 bonus share issue. βThis is to inform you that the Company has fixed Wednesday, 23rd October, 2024 as the Record Date for the…
READ MOREIT services company Wipro will consider issuing bonus shares to investors when its board will meet to approve second quarter results. If declared, this will be the 14th time the Bengaluru-based company will be handing out bonus shares to investors, which is the highest for any Nifty company. Wipro first issued bonus shares to investors…
READ MOREThe Securities and Exchange Board of India (Sebi) has proposed faster credit and trading of bonus shares. It has suggested to streamline and reduce timelines of bonus issue enabling T+ 2 trading of shares post record date. The move is aimed to reduce investors’ risk of market volatility due to any delay in credit of…
READ MOREShares of railway PSU firm RITES soared over 13% to Rs 754.4 in Monday’s trade on the BSE after the firm announced that its board of directors will consider issuing bonus shares for shareholders in its upcoming board meeting on July 31. In an exchange filing, RITES stated, “The Board of Directors of the Company…
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