look news india
Bonus Stock 2024: There is good news for investors betting on companies offering bonus shares. Remedium Lifecare Limited has decided to issue bonus shares. The company has announced the record date for bonus shares. It is worth noting that the share price is less than Rs 100.
Record date in July?
In the information given to the stock market, the company said that it has decided to give 3 shares as bonus on one share with a face value of Rs 1. The company has fixed the record date for this bonus issue as Saturday, July 6, 2024. That is, the investors whose name will be in the record book of the company on this day will get the benefit of bonus shares.
The company is issuing bonus shares for the second time
The company first traded as an ex-bonus stock on 28 July 2023. At that time the company had given a bonus of 9 shares on 5 shares. This stock has also been split twice. Till 1 September 2023, the stock was traded pre-split. Then the company divided the shares into 2 parts. After this the face value was reduced from Rs 10 to Rs 5.
The stock traded ex-split on February 23 this year. The face value of the company's shares will then drop from Rs 5 to Rs 1 per share.
How is the company performing in the stock market?
On Friday, the company's share price fell by 0.51 percent to close at Rs 77.30. During the last one year, the company's share price has seen an increase of 9.9 percent. But in the last one month, the share price has fallen by 24 percent.
The company's 52-week high is Rs 179.66 and 52-week low is Rs 66.83 per share. The company's market cap is Rs 779.18 crore.
