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Bonus Share: Investors betting on bonus shares are in for some good news this week. The shares of JTL Industries will be traded in the stock market as ex-bonus stock. As the date of X bonus stock approaches, the demand for the company’s shares has increased. On Friday, the share price of JTL Industries rose 2.43 percent to Rs. closed at 417.55.
The company this week on record date, 1 share at Rs. is paying a dividend of 40
Record date this week? (JTL Industries Bonus Share Record Date)
In a disclosure to the stock exchanges, the company said it will issue 1 share as bonus for every share it holds. The company has announced the record date for this bonus stock as 7 September 2023. That is, only the investor who has shares of the company in the record books on this date will get the benefit of bonus shares.
The IPO took the gray market by storm, priced below Rs 100, seeing the GMP you will say wow
How is the company performing in the stock market?
The share price of the company has seen an increase of more than 10 percent in the last one month. At the same time, any investor who bought shares of JTL Industries (JTL Industries Bonus Shares) 6 months ago would have made more than 60 percent profit by holding till now. The company hit a 52-week high on BSE at Rs. 422.05 and a 52-week low of Rs. 185.70 per share.