Bonuses will rain this week, 4 companies are distributing free shares, record debt in 6 days

Bonus Stock: 4 companies will trade as ex-bonus stocks in the stock market this week. PSU Stock Oil India Limited is also one of these companies. This is the fourth time the company is gifting bonus shares to investors. Let’s know about them one by one –

19 companies have announced dividends, a record date this week, details

1- Remidium Lifecare Ltd

The company has told the stock exchanges that 3 shares will be given as bonus on one share with a face value of Rs 5. The company has announced Saturday, July 6 as the record date for this bonus issue. However, the company will trade as an ex-bonus stock only on July 5. Let us tell you that the share price of the company was at Rs 60.13 with an increase of 1.08 per cent at the closing time of the market on Friday.

2- VERTO’S ADVERTISING LTD

This company is giving 1 share as bonus on every share. The company has announced Friday, July 5 as the record date for this bonus issue. That is, on this day, the investors whose names will be in the record book of the company will get the benefit of bonus shares. Let us tell you that last week on Friday, the share price in NSE increased by 0.09 percent to Rs. was at 726.50.

3- GPT Infraprojects Ltd

This company is also giving one share bonus on one share. The company will trade on the stock market as ex-bonus stock on July 3, 2024. As for the shares of the company, it was at the level of Rs 271.65 with an increase of 1.63 percent on Friday.

4- Oil India Limited

This PSU share has also announced to issue bonus shares. Company is giving 1 bonus share for every 2 shares. The record date for this bonus issue is fixed on July 2, 2024. Let us tell you that this government company is giving bonus shares for the fourth time.

(This is not investment advice. Stock market is subject to risks. Consult experts before making any investment.)

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