Categories: Business News

This week there will be a huge boom in the stock market, these three shares are going to give bonus, know how much will be earned

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The domestic stock market is starting to pick up again and with it the expectations of the market investors are also starting to strengthen. If you are also looking for opportunities to make money in the stock market, there are many opportunities coming your way this week.

So many companies have announced

from 3rd July. Many shares are going to be ex-bonus during this starting week. With this, market investors can get an opportunity to earn in one go. According to market data, 35 companies have announced bonus shares to their shareholders so far this year. This week also 3 companies are going to issue bonus shares to their shareholders.

What is bonus share?

Before proceeding further , let us know what is bonus share? In fact, many companies give free shares to their shareholders to benefit them. These new shares are given to them in lieu of the already existing shares. These shares which are given free of charge are called bonus shares. For example, if a company announces the issue of bonus shares at a ratio of 10:1, it means that investors who already own 10 shares of that company will now own 11 shares, as the company will issue them for free. . To issue bonus shares.

Roto Pumps

Roto Pumps is the first name among the shares to be ex-bonus next week. This company has announced bonus shares in the ratio of 1:1. This means that all existing shareholders of the company will get one free share for every one share held. The company has set a record date of July 3rd for this.

Kansai Nerolac

Shares of Kansai Nerolac are getting an ex-bonus on Tuesday, July 4th. The board of this company in its meeting held on May 8 approved the proposal to issue bonus equity shares in the ratio of 1:2. This means that existing shareholders will get two new free shares for every old share.

Bhansali Engg

Bhansali Engineering Ex-Bonus on Wednesday 5th July happening The board of this company has announced bonus shares in the ratio of 2:1. So the shareholders of Bhansali Engineering will get 1 share in bonus for every 2 shares.

Disclaimer: The information given here is for information only. It is important to mention here that investing in the market is subject to market risks. As an investor always seek expert advice before investing money. Investment of money on behalf of ABPLive.com is never advised here.

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