Bonus Share: VST Industries Ltd shares are going to trade as ex-bonus stock in the stock market this week. The company will give 10 shares as bonus for every share. Earlier, the company had given a dividend of Rs 150 on each share. Let us know how the company has performed in the stock market.
The company will trade as ex-bonus stock this week
VST Industries has informed the stock markets that 10 shares will be given free for every share. The company has fixed 6 September as the record date for this bonus issue. This means that investors whose names appear in the company’s record book on this day will get the benefit of bonus shares. To avail the benefit of bonus shares, investors will have to buy shares one day before the record date.
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The company has paid dividend
The company traded as an ex-dividend stock in the month of June. VST Industries had given a dividend of Rs 150 per share. Earlier in 2023, the company had given a dividend of Rs 150 per share.
How is the company performing in the stock market?
The company’s shares fell on Friday. The company’s shares fell by more than 4 percent on the BSE and closed at Rs 4567.70. During the last one year, the company’s share prices have seen a rise of 24 percent. Let us tell you, the price of this bonus stock has increased by 4 percent in a month.
The company’s 52 week high is Rs 4,922.50 and 52 week low is Rs 3,159.90. The company’s market cap is Rs 7,053.41 crore.