With the beginning of October, the quarterly results season will officially begin, although the real start of the season will be from the second week of September when the giants of the IT sector will start presenting their results. However, the first week of October is also not quiet in terms of corporate action. The ex-date of many companies is falling in the next week. According to BSE data, 2 companies are going to give bonuses and 3 companies will do stock split. All these ex-dates will fall between Tuesday and Friday, so you may get a chance to take advantage of these actions.
Which companies have ex-date?
The ex-date of the stock split of Integrated Industries is falling on 1 October next week. The company has decided to divide the shares with face value of Rs 10 into 10 shares of one rupee each. The stock closed at 424 on Friday with a gain of more than one percent. On the other hand, the ex-date of the stock split of Godavari Power and Steel and Real Eco-Energy is on 4 October. Godavari Power and Steel has decided to divide the shares with face value of Rs 5 into 5 shares of one rupee each. On Friday, the stock of Godavari Power and Steel closed at 1056 with a decline of 0.6 percent. On the other hand, Real Eco-Energy has decided to divide the shares with face value of Rs 10 into 5 shares of 2 rupees each. The stock closed at 44.13 with a decline of 0.27 percent in the last session. Along with this, the ex-bonus date of Classic Electricals and Shikhar Leasing and Trading is falling on 4 October. Classic Electricals has announced to give 5 bonus shares on one share. Shikhar Leasing has announced to give 3 bonus shares on one share. What should investors keep in mind? Investors should keep in mind that investment decisions are not taken on the basis of just one corporate action. The performance of the company and the stock is considered as the basis for that. In such a situation, if you see an opportunity to invest in a stock or any of your knowledgeable experts have advised you, then you can also take advantage of these corporate actions.
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