Stock market next week: It is going to be very important for investors in the stock market next week. Investors’ bag is going to be filled with cash rewards and shares. The reason for this is that while more than fifty companies are going to give gifts to their investors through stock split and bonus shares, on the other hand more than four dozen companies will distribute dividends.
If the data of Bombay Stock Exchange is to be believed, then many companies including HDFC Bank, Creo Siskone are going to issue bonus shares. 1: 1 bonus of HDFC, the country’s largest private bank, is most discussed.
Investors out
Talking about bonus shares, according to BSE, HDFC Bank Limited has announced 1: 1 share. Its X-Det has been fixed on 26 August and record date on 27 August. Apart from this, DMR Hydro Engineering Infrastructure Limited will also issue bonus shares in the ratio of 8: 5. At the same time, the bonus shares of Creetto Siscon Limited will be in the ratio of 2:25.
More than 50 companies will give dividend
Along with this, more than 50 companies will also distribute dividends next week. Among them are companies like Tamboli Industries Limited, Rupa & Company Limited, Repco Home Finance Limited, Nitin Castings Limited and Cama Holdings. Along with this, many companies are also preparing for dividend. These include Whirlpool of India, Engineers India, NBCC, Proctor & Gambal, Gillette India etc.
The most important thing is that while Proctor and Gambal have announced to give Rs 65 as dividend, on the other hand Gillette India will give a dividend of Rs 47 per share to its investors. In such a situation, the stock market for investors will not be less than a festival next week and they would like to take full advantage of it.
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