A bonus issue refers to the allocation of additional shares to existing shareholders at no extra cost, typically based on their current holdings. Companies utilize this method to reward shareholders, enhance liquidity, and reflect financial health, converting retained...
A penny stock trading below Rs. 5 has caught investor attention as it rallied 4% after announcing a generous bonus issue. The latest corporate action, which offers 3 new shares for every 5 held, aims to reward existing shareholders, with the record date set for...
Penny stocks were typically trading under Rs 50 and a market cap below Rs 500 crore, usually attracts investors with their low prices and potential for high returns. However, these stocks come with significant risks, including high volatility, low liquidity, and...
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