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Bonus Impact
Posted by :
KH450Hai anoopsinghbais, which date record date and ex split record date....
Bonus Impact
Posted by : anoopsinghbais1:5 split means on the record date share price will become 1/5th of what is prevailing on that day,while the quantity will become 5 times....
Bonus Impact
Posted by : anoopsinghbaisSplit or bonus is one thing and company`s operating performance is another.I think the share price normally shoots up before announcement of bonus/split and then prior to record date.Jindal saw sales this qtr were dismal (yoy),but profit was good(up40%).There 9month performance is good.Should keep on performing well if market sentiment remains good.Next target 800 shortly. ...
plz suggest
Posted by :
chandrakinican i buy now at current levels or wait for some days plz suggest...
plz suggest
Posted by : chandrakinican i invest on jindal saw at current levels plz suggest...
Stock split and good results too.
Posted by :
GuestJindal saw has announced good results too....
Bonus Impact
Posted by : Gopinathcog1
Thanks for ur quick turnaround...
May i know ur view on Jindal saw... will the same happen again.. Iam yet to gain the background on Jindal family.. just started after hearing these info in couple of weeks......
Bonus Impact
Posted by : GoodPick
After bonus you can expect RIL to come down to 800rs on the upper side, if its trading at 2000/share.
As for jindal steel, the consumption and demand for steel has gone up and the company is operating in the GREEN. If you do a little background check on the comp you will understand why its still surging ahead....
Bonus Impact
Posted by : Gopinathcog1
Hi Everybody,
I see that Bonus impact will make the stock to trade lower as much as 50%. i.e.) after RIL bonus issue of 1:1, the stock will trade at 1000 rs (if its trading at 2000/share). pls correct me if iam wrong..
But i see Jiondal steel and power had announced a Bonus of 1:5 and everybody received their shares too but it didnt get fall but its surging like anything day by day...
I didnt understand the logic here.. without any additional investment, every Jindal steeel n power share holders will now have an asset of 1x5 amount..
can anybody explain pls......
NSE Announcements on Jindal Saw
Posted by : MMB MessengerJindal Saw Limited has informed the Exchange that the Board of Directors in their meeting held on October 15, 2009 has inter-alia decided as follows :- (1) to convene an Extraordinary General Meeting (EGM) of the shareholders of the Company on November 27, 2009 to seek their approval for amendment in the capital clauses as contained in the Memorandum and Articles of Association of the Company to give effect to split / sub-division of face value of equity shares of Rs.10/- each into equity shares of Rs.2/- each; and (2) to extend the current Financial Year by 3 months so as to end on March 31, 2010 instead of December 31, 2009 comprising of 15 months. This has been done to have uniform financial year as per Income Tax Act, 1961, i.e. from April to March....
BSE Announcements on Jindal Saw
Posted by : MMB Messenger
Jindal Saw Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 15, 2009, inter alia, has decided as follows :
1. To convene an Extraordinary General Meeting (EGM) of the shareholders of the Company on November 27, 2009 to seek their approval for amendment in the capital clauses as contained in the Memorandum and Articles of Association of the Company to give effect to split / sub-division of face value of equity shares of Rs. 10/- each into equity shares of Rs. 2/- each; and
2. To extend the current Financial Year by 3 months so as to end on March 31, 2010 instead of December 31, 2009 comprising of 15 months. This has been done to have uniform financial year as per Income Tax Act, 1961, i.e., from April to March....
BSE Announcements on Jindal Saw
Posted by : MMB MessengerJindal Saw Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 15, 2009, inter alia, has decided to split / Sub-divide the face value of Equity Shares of Rs 10/- each into Rs 2/- per Equity Share subject to necessary approvals....
Jindal Saw to consider Stock Split
Posted by : Chander55
mitalsanghvi, JINDALSAW board has announce stock split. Rs ten share will be split to 5 shares of Rs 2 face value.
Generally it is taken as good news....
NSE Announcements on Jindal Saw
Posted by : MMB MessengerJindal Saw Limited has informed the Exchange that the Board of Directors in their meeting held on October 15, 2009, decided to split / Sub-divide the face value of Equity Shares of Rs. 10/- each into Rs. 2/- per Equity Share subject to necessary approvals....
NSE Announcements on Jindal Saw
Posted by : MMB MessengerJindal Saw Limited has submitted to the Exchange a copy of the highlights of financial and operational performance for the quarter ended September 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
