A stock split occurs when a company increases the total number of its shares by dividing the existing ones into smaller units, making each share more affordable. This doesn’t change the total value of the investment. A bonus issue, also called a scrip or capitalization issue, is when a company issues additional shares to existing [...]
Shares of this textile microcap company, which is into manufacturing of cotton yarn and Consulting was up by 1.92 percent intraday trade to Rs.348.95 per share, following the announcement of a record date for issuing bonus shares. Price Variation In Thursday’s session, Padam Cotton Yarns's share price jumped 1.92 percent to a day’s high of [...]
