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Bonus Share: There is good news for investors betting on bonus shares. Today GNA Axles Ltd is trading in the stock market as an ex-bonus stock. The company is offering 1 share as bonus for every share held by its eligible investors. Let us tell you that at the time of market closing on Thursday, the price of one share of GNA Axles Ltd was at the level of Rs 1024.95 with an increase of 3.29 percent.
When is the record date?
In the board meeting of GNA Axles Limited held on July 11, it was decided that one share with face value of Rs 10 will be given as bonus to eligible investors. The company announced September 2, 2023 as the record date for determining eligibility for these bonus shares. Because the market will be closed tomorrow i.e. Saturday. That’s why today i.e. September 1 date becomes important.
This IPO is fully subscribed, today is the last chance to bet
How is the company performing in the stock market?
In the stock market, GNA Axles Ltd has returned more than 40 percent to its investors during the past one year. At the same time, the stock has managed to gain more than 12 percent in the last 6 months. GNA Axles Ltd on NSE hit a 52-week high of Rs. 1064.90 per share. Please tell, the company is listed in NSE only.