The information was chosen from StockEdge, which follows business actions and market announcements. Buzz has generated the bonus problem among market participants, in particular long -term investors who often see bonus shares as a reward for loyalty.
Because today it marks the last day to buy the shares of the company, trading activities in the share are expected to be drawn to attention, since the last-minute buyers are eligible for themselves.
A bonus problem is a way for companies to reward shareholders by issuing extra shares free costs, which increases the number of shares without influencing the total value of the investment.
In the case of Godfrey Phillips, an investor with 100 shares receives 200 extra shares, which triples the total side after visu. Although the prize after the bonus adapts, investors often welcome such movements because they signal the trust of management and improve liquidity in the shares.
The shares of Godfrey Philips have delivered a profit of 101% to date (YTD), which reflects a strong rally this year. In the past six months it has risen 85.35%, while in the past three months it has risen by 23.43%. In a shorter time frame, the share was won 4.84% last month, which indicates a continuous momentum despite recent volatility. (Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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