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Moneycontrol.com >> Messageboard >> Stocks >> Reliance >> Bonus Impact
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Bonus Impact (20)   15-Oct-09 23:52Track this thread   Tracked by (0)  
Posted by:   Gopinathcog1 on ( 15-Oct-09 23:52 )
Price : BSE: Rs 2171.40 ( -0.31 % ), NSE: Rs. 2171.50 ( -0.58 % )
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...
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