Some analysts contend that after hefty gains, valuations have caught up. Though others counter that the industry in which the company operates has strong growth potential and hence the stock makes sense for a long term investment.
There are few stocks that have crossed their earlier 52-week low share price during intraday. Will they decline further or will the dip be arrested? Check their 52-week low stock price and other parameters.
A share turns ex-bonus when the buyer no longer has the right to obtain the current bonus. Bonus shares are free of cost share that companies declare for their shareholders. If a company announces one for two bonus shares, it would imply that an existing shareholder will receive two additional shares for one existing share.
Bonus shares is the reward which shareholders of a company get for their holding in the listed company. Bonus shares are hence issued in a certain proportion and shareholders need not pay any amount for the same. So, if its a 2:1 bonus share issuance, you will be allotted 2 shares against the 1 share you hold in the entity.
BSE Sensex and Nifty 50 were trading nearly half a per cent down on Monday, on the back of selling in ICICI Bank, HDFC, Kotak Mahindra Bank, SBI and RIL, among others