At record high! Jindal Worldwide shares surge 4% on bonus issue announcement
1 day, 4 hours ago

At record high! Jindal Worldwide shares surge 4% on bonus issue announcement

Live Mint  

Shares of Jindal Worldwide surged 4 percent on Wednesday, January 8, reaching a record high of ₹463.90. The rally followed the company’s announcement of a bonus equity share issuance in a 4:1 ratio, granting shareholders four fully paid-up equity shares of ₹1 each for every one existing share held. Details of the Bonus Issue The bonus shares will be issued from the company’s free reserves and/or securities premium account as of March 31, 2024. Upon issuance, the company’s paid-up share capital will increase from ₹20.05 crore to ₹100.26 crore, consisting of 100,26,02,000 fully paid-up equity shares.

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Penny stock below ₹2 Thinkink Picturez to consider 1:2 bonus shares, 100% dividend soon
1 month ago

Penny stock below ₹2 Thinkink Picturez to consider 1:2 bonus shares, 100% dividend soon

Live Mint  

Stock Market Today: Penny stock below ₹2 Thinkink Picturez Ltd is to consider 1:2 bonus shares, 100% dividend soon. Thinkink Picturez share price hit upper circuit on Friday Thinkink Picturez share price opened at ₹1.84 on the BSE on Friday, more than 4% higher than the previous closing price of ₹1.77. Proposal for Bonus Issue : The Board as per …

6:11 bonus shares, 1:10 stock split: Multibagger SME IPO turns ₹1 lakh into ₹25.93 lakh in seven years
1 month, 1 week ago

6:11 bonus shares, 1:10 stock split: Multibagger SME IPO turns ₹1 lakh into ₹25.93 lakh in seven years

Live Mint  

Bonus shares, stock split effect: Investing in stocks is like investing in a business. The board of directors of the SME company declared 6:11 bonus shares and a 1:10 stock split in March 2024. Bonus shares, stock split effect As mentioned above, if an allottee had remained invested in the SME stock despite tepid listing, one's shareholding in the company …

Stock to buy for medium term: Jindal stock rallies 400% in five years; Anand Rathi sees more upside
1 month, 1 week ago

Stock to buy for medium term: Jindal stock rallies 400% in five years; Anand Rathi sees more upside

Live Mint  

Stock to buy for medium term: Multibagger stock Jindal Worldwide shares have surged nearly 400% over the last five years rising from ₹69 to the current price of ₹324. Jindal Worldwide share price target Currently trading at ₹320, Jindal Worldwide is expected to reach ₹370 within three months, as per the brokerage's estimates. This pullback, however, has brought the stock …

₹6.10 to ₹315: Jindal Group’s multibagger stock turns ₹1 lakh to ₹52 lakh in 11 years
1 month, 2 weeks ago

₹6.10 to ₹315: Jindal Group’s multibagger stock turns ₹1 lakh to ₹52 lakh in 11 years

Live Mint  

Multibagger stock: A Jindal Group stock has delivered substantial gains over the past decade, multiplying investors' wealth several times. Shares of Jindal Worldwide surged to ₹315.40 on November 21, 2024, from its decade-low level of ₹6.10 on August 28, 2013, registering a gain of 5,071 per cent in a little over 11 years. However, it has delivered remarkable long-term returns, …

Reliance Industries approves bonus share issue in 1:1 ratio
4 months ago

Reliance Industries approves bonus share issue in 1:1 ratio

The Hindu  

Reliance Industries, the country’s most valuable company, on Thursday approved a one-for-one issue of bonus shares and recommended an increase in authorised share capital. This is the oil-to-chemicals conglomerate’s first bonus issue since 2017, when its stock price was roughly 700 rupees. This will also be Reliance’s sixth bonus issue since listing. The bonus issue proposal was announced last week …

Bonus shares: Rekha Jhunjhunwala, Ashish Kacholia stock trades ex-bonus today
1 year, 5 months ago

Bonus shares: Rekha Jhunjhunwala, Ashish Kacholia stock trades ex-bonus today

Live Mint  

Bonus shares 2023: Rekha Jhunjhunwala and Ashish Kacholia portfolio stock Raghav Productivity Enhancers is expected to remain in focus during Tuesday deals. Raghav Productivity Enhancers bonus shares 2023 Rekha Jhunjhunwala and Ashish Kacholia-backed company informed Indian stock market bourses about issuance of bonus shares citing, "Pursuant to Regulation 30 of the Securities and Exchange Board of India Regulations, 2015, the …

Upcoming bonus shares: 2 stocks at upper circuit limit granting 1:2 and 1:1 bonus issue in the coming weeks of April
1 year, 9 months ago

Upcoming bonus shares: 2 stocks at upper circuit limit granting 1:2 and 1:1 bonus issue in the coming weeks of April

Live Mint  

A corporate action recognized as the issuance of additional shares to current shareholders of a corporation, typically in proportion to their current shareholding, is known as a bonus share. The Board of Directors may suggest the issuance of bonus shares in a resolution with a certain ratio, and the company's shareholders must later ratify this proposal at a general meeting. …

IT stock turns ₹1 lakh to ₹2.20 cr in 18 years via three 1:1 bonus shares
2 years ago

IT stock turns ₹1 lakh to ₹2.20 cr in 18 years via three 1:1 bonus shares

Live Mint  

Money is not in buying and selling of stocks on intraday basis. This Tata group share has announced bonus shares in the ratio of 1:1 on three occasions in last 18 years and if an investor had invested ₹1 lakh in this stock 18 years ago, its shareholding would have grown eight times after these three 1:1 bonus share issues. …

Motherson Sumi Wiring declares record date for 2:5 bonus shares
2 years, 2 months ago

Motherson Sumi Wiring declares record date for 2:5 bonus shares

Live Mint  

The market capitalization of Motherson Sumi Wiring India Ltd., a large cap firm in the consumer discretionary sector, is ₹25,579 crore. Motherson Sumi Wiring India Ltd. reported that its board of directors has proposed issuing bonus equity shares in the ratio of 2:5, or issuing 2 bonus shares for every 5 shares held as of the record date, at the …

1 stock split and 2 bonus share stocks to watch in the coming week
2 years, 3 months ago

1 stock split and 2 bonus share stocks to watch in the coming week

Live Mint  

Stock splits and bonus shares are corporate actions that make existing shareholders watch stock price movements. Without altering the worth of each shareholder's holding, a stock split divides the company's prevailing outstanding shares into a number of shares based on a ratio. If you own shares in Bajaj Finserv and AAA Technologies, you should keep an eye out for price …

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