Articles for tag: bonus shares, market performance, shareholder value

Rajiv Sharma

Small stock jumps over 600%, company now distributing bonus shares

Small stock jumps over 600%, company now distributing bonus shares

In a significant move for its investors, SAL Automotive has announced plans to distribute bonus shares to its shareholders. This initiative reflects the company’s strong performance and commitment to rewarding its investors. With a favorable 1:1 ratio for the bonus shares, stakeholders can expect a boost to their holdings, contributing to an overall increase in ...

Rajiv Sharma

Railway's major announcement leads to stock crash; is it worth your bet?

Railway’s major announcement leads to stock crash; is it worth your bet?

On October 17, 2023, the share price of Indian Railway Catering and Tourism Corporation (IRCTC) Limited, a government-owned enterprise, dropped by over 3%. The shares reached an intraday low of ₹863.45, raising concerns among investors about the company’s current market performance. This sudden decline prompts a closer examination of the factors affecting IRCTC’s stock valuation ...