GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of SME stock Pulz Electronics are expected to be in focus today, as the record date for its 1:1 bonus issue is tomorrow, October 25, making today the last day to purchase shares for eligibility. This means that the shareholders who have the shares of the company in their demat accounts on the record date, will be credited with an additional share of the company as a bonus. “Pursuant to the provisions of Section 63 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014 the Board hereby approved to issue fully paid Bonus Shares to the shareholders out of Free reserves and in the interest of all concerned, such issue to be made on the following terms and conditions: - The issue of shares will be made in the proportion of 1 (ONE) new share for every one equity share i.e., 1:1 held on record date,” said the company in a filing to the NSE. Prior to this, the ...

[hfe_template id='11223'] [ad_1] Shares of small cap multibagger stock Grovy India are likely to remain in focus today as the company had fixed October 22 as the record date for the purpose of its 3:1 bonus share issue. “This is to inform you that the Company has fixed Wednesday, 23rd October, 2024 as the Record Date for the purpose of ascertaining the shareholders eligible for allotment of Bonus Shares in the ratio of 3:1, i.e. 3 (Three) Bonus Equity Shares of Re. 10/- each fully paid-up for every 1 (one) existing Equity Share of Re. 10/- each held as on the above mentioned record date,” the company said in a filing to the stock exchanges. According to the data available on Trendlyne, this is the first ever instance of the company issuing bonus shares to its shareholders. Companies typically issue bonus shares to utilize their free reserves, boost Earnings Per Share (EPS), and expand paid-up capital while reducing reserves. These shares, often called free shares, are di...

[hfe_template id='11223'] [ad_1] While many other institutional investors have been raising red flags over the non-stop rise in share prices in the broader market, Joanne Goh, Senior Investment Strategist of DBS Bank, prefers small and midcaps on a risk-adjusted basis, saying that high growth potential offers opportunities for significant returns. "With the near doubling of public capex in the government’s agenda, capex recovery is likely to continue driving economic and corporate earnings growth for equity markets in the near future," she says. In this chat with ETMarkets, Goh also shares expectations from Budget, earnings outlook and more. A consensus view on Dalal Street is growing that the upcoming Union Budget will be in sync with the existing agenda around capex, growth, and manufacturing. What are your expectations? The incumbent NDA coalition is expected to follow through with policies that were kickstarted in the previous term, including expanding the ...