New Delhi: Maharatna company Bharat Petroleum Corporation Limited (BPCL) is going to issue bonus shares to investors. The company is going to issue bonus shares for the fifth time since the year 2000. For the fifth time, BPCL is giving 1 bonus share on every share. The record date for bonus shares is next week, June 21. Investors who have been patient by investing money in BPCL shares have got good returns. BPCL stock has made an investment of Rs 1 lakh more than 53 lakh in 15 years.
BPCL had given 3 bonus shares in the year 2009.
Government company Bharat Petroleum Corporation Limited has cheated investors on the basis of bonus shares. We are calculating the investment period of 15 years. On 12 June 2009, BPCL shares were at Rs 69.49. If a person had invested Rs 1 lakh in BPCL shares at that time, he would have got 1440 shares. Since 2009, the company has given bonus shares 3 times and now next week it will give bonus shares for the fourth time.
More than 53 lakh rupees of 1 lakh rupees were made in this way
Bharat Petroleum Corporation Limited (BPCL) issued bonus shares in the ratio of 1:1 in July 2012. The Maharatna company also gave bonus shares in the ratio of 1:1 in July 2016. The company gave bonus shares in the ratio of 1:2 in July 2017. 1440 shares were received for Rs 1 lakh. If the bonus shares given by the company are added, then the total number of shares purchased with Rs 1 lakh becomes 8640. On June 13, 2024, BPCL shares closed at Rs 619.15. Accordingly, the current price of 8640 shares is Rs 53.49 lakh.
65% growth in one year
Bharat Petroleum Corporation Limited's stock has seen a rise of 65 per cent in the last one year. Thus, the share price has increased by 39 per cent in the last six months. So far this year, the stock has gained 37 per cent. The 52-week high of the company's stock is Rs 687.65. While the 52-week low is Rs 331.50.