look news india
Ahmedabad: Bonus shares and Rs. After the announcement of dividend of Rs 90, the market value of National Stock Exchange is around Rs. Increases to Rs 85,000 crore. It is worth Rs 3.21 lakh crore. In the unlisted market, NSE shares were at Rs last week before the results were announced. Which has now increased to Rs 4,500. 6,000 per share has been reached.
Experts say that the bonus issue has increased the interest of retail and HNIs in this stock. After the issue of bonus shares, the price of these shares is Rs. There will be trading in the range of Rs 1,200-1,500. Many believe that the bonus announcement by the NSE board could be a step ahead of its initial public offering.
The exchange has been experimenting with public issues for the last five years, due to which its share price was in a tight range till December 2023 and has now gained momentum this year.
The exchange said it did not have any updated information from the regulator regarding the IPO.
NSE's valuations are actually more attractive given the multiple gains in rival BSE stocks as the stock has not risen much in the last one year due to regulatory issues and IPO uncertainty. There are concerns about BSE's increasing market share, but total option volume continues to increase.