look news india
Asian business giant and Reliance Industries chairman Mukesh Ambani will give Diwali gifts to 37 lakh people today. Reliance Industries Chairman Mukesh Ambani is going to give bonus shares again after seven years. They have set the record date as today, October 28. In the AGM held this year, Mukesh Ambani had said that Reliance Industries will give one bonus share to eligible investors in exchange for one share. Let us know who gets this bonus share..
today is a record date
Reliance Industries told the stock market that the shareholders of Reliance Industries will be given one share bonus for each share. The company has announced Monday, October 28, 2024 as the record date to determine eligibility. That means investors whose names will be in the record books of the company will get one free share for every share. In such a situation, if you also have shares of Reliance Industries, then this news is no less than good news for you. Because by getting bonus shares your investment amount will double.
Bonus shares were given even 7 years ago
Mukesh Ambani's Reliance Industries had given the gift of bonus shares to its shareholders 7 years ago. According to the information available on BSE, the company had given bonus shares in the year 2017. Even then Reliance Industries had given one share as bonus for every share. In the year 2009 also, Reliance Industries had given one share bonus on one share.
What is the stock status?
Talking about the status of Reliance shares, the company's shares closed at Rs 2,656.30 on the last trading day of last week. Talking about stock performance, HDFC Securities has set a target of Rs 3,350 on RIL with ADD rating. Nomura has given RIL a target of Rs 3,450 and a buy rating.
