Synopsis:
With record dates approaching, companies are issuing bonus shares in varying ratios, providing investors a chance to get additional shares with the same face value without additional investment, potentially boosting liquidity and shareholder value.
Investors have a final opportunity to buy shares ahead of upcoming bonus issues, allowing existing shareholders to receive additional shares and enhance their holdings.
A bonus issue occurs when a company distributes additional shares to its existing shareholders without any extra cost, in proportion to their current holdings. This rewards shareholders, increases liquidity, and makes the stock more attractive, without affecting the company’s overall market capitalization.
Harshil Agrotech Ltd
Harshil Agrotech Ltd is an Indian company engaged in the agriculture and allied sectors, focusing on the production, processing, and distribution of agro-based products. The company aims to strengthen supply chains, improve product quality, and support sustainable agricultural practices while expanding its market presence.
With market capitalization of Rs. 46.9 cr, the shares of Harshil Agrotech Ltd are currently trading at Rs. 0.66 per share, locked at 5% upper circuit in today’s market session, from previous close of Rs. 0.63 per share. Investors in Harshil Agrotech can receive 10 bonus shares for every 32 shares held, i.e., a 10:32 bonus issue
Laxmi Goldorna House Ltd
Laxmi Goldorna House Ltd is a company involved in the manufacturing and trading of gold and precious metal products. It focuses on delivering high-quality jewelry and related offerings while catering to both retail and wholesale markets, aiming for consistent growth and customer trust.
With market capitalization of Rs. 1,881 cr, the shares of Laxmi Goldorna House Ltd are currently trading at Rs. 900 per share, from its previous close of Rs. 890.25 per share. Laxmi Goldorna House is issuing 7 bonus shares for every 5 shares owned, i.e., a 7:5 bonus issue, giving shareholders an opportunity to increase their holdings.
Narmada Macplast Drip Irrigation Systems Ltd
Narmada Macplast Ltd is engaged in the manufacturing and distribution of plastic products, including packaging and industrial solutions. The company focuses on quality, innovation, and expanding its presence in domestic and international markets.
With market capitalization of Rs. 89.2 cr, the shares of Narmada Macplast Drip Irrigation Systems Ltd are currently trading at Rs. 245.50 per share, increasing nearly 5% in today’s market session making a high of Rs. 246.20, from its previous close of Rs. 234.65 per share. Shareholders of Narmada Macplast will receive 1 bonus share for every share held, i.e., a 1:1 bonus issue.
Upsurge Seeds of Agriculture Ltd
Upsurge Seeds of Agriculture Ltd is a company specializing in the research, development, and production of high-quality seeds for various crops. It aims to enhance agricultural productivity and support farmers with innovative and sustainable solutions.
With market capitalization of Rs. 182 cr, the shares of Upsurge Seeds of Agriculture Ltd are currently trading at Rs. 258 per share. Upsurge Seeds of Agriculture is offering 3 bonus shares for every 7 shares owned, i.e., a 3:7 bonus issue, providing an added incentive for investors.
Valiant Communications Ltd
Valiant Communications Ltd is a company providing a range of telecommunications and connectivity solutions. It focuses on delivering reliable services, expanding its network reach, and supporting digital infrastructure growth across commercial and consumer segments.
With market capitalization of Rs. 863 cr, the shares of Valiant Communications Ltd are currently trading at Rs. 1,131 per share, from its previous close of Rs. 1,154.65 per share. Valiant Communications is issuing 1 bonus share for every 2 shares held, i.e., a 1:2 bonus issue, allowing existing shareholders to expand their stake.
Written by Manideep Appana
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