Next week, Redtap Ltd and Thinkink Picture Ltd have announced to issue bonus shares. This announcement can prove to be a profitable deal for investors who have been investing in these companies for a long time. Let’s know in detail the details of the bonus issue of these two companies:
Bonus Issue of Redtap Limited (3: 1 ratio)
Redtap Limited has announced the issue of bonus shares in a ratio of 3: 1. This means that investors who have 1 shares of this company will be given 3 additional bonus shares.
X-Det: 4 February 2025
Record date: 4 February 2025
Ex-date is the date when no share is eligible for benefits like bonus, dividend or split. This means that if an investor has bought the stock after X date, he will not get the benefit of that benefit.
Radtap display
On Friday, Redtap’s stock closed at ₹ 683.70. However, its stock has seen a decline of 4.77% in the last 6 months. Despite this, it has given a positive returns of 4.18% over a period of 1 year, hoping investors that it may perform further better after the bonus issue.
The name of Redtap Limited is known in the footwear sector. This step of the company is beneficial for shareholders and can prove to be good for long -term investment.
Bonus Issue of Thinking Pictures Limited (in 2: 1 ratio)
Thinking Pictures Limited has announced a bonus share in a ratio of 2: 1. This means that investors who have 1 shares of this company will get 2 bonus shares.
X-Det: 5 February 2025
Record date: 5 February 2025
Performing Thinking Pictures
Thinking Pictures is a Penny Stock, which closed at ₹ 1.26 with a slight gain of 0.11% on Friday. However, in the last one year, the stock has seen a major decline of 60%. This bonus issue of the company can become an opportunity to compensate for the investors, especially for those who have a Longator Outlook.
Importance of bonus share and chance for investors
Bonus shares are usually given to investors who have invested for a long time in the company. This gives investors more shares, increasing their total investment value.