bonus issue

NSE stock soars 25% in unlisted market post 4:1 bonus issue

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NSE stock soars 25% in unlisted market post 4:1 bonus issue

Mumbai: Shares of the National Stock Exchange surged by more than 25% in the unlisted market this week following a 4:1 bonus announcement last Friday. According to brokers dealing with the unlisted shares, the stock was trading at around ₹4,300-4,400 last week and is currently trading in the ₹5,400-5,800 range. At ₹5,500, NSE is valued … Read more

Power Finance Corp announces 1:4 bonus issue of shares to investors

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Power Finance Corp announces 1:4 bonus issue of shares to investors

The Board of Power Finance Corp has approved a bonus issue of equity shares to its investors in the proportion of 1:4. This means, for every four shares investors hold, they will get an additional bonus share. “The Board approved the issue of bonus shares to the shareholders of the company in the ratio of … Read more