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News Topical, Digital Desk : Corporate action by several companies could impact their stocks next week. Several companies have announced bonuses and splits, with record dates falling next week. A total of four companies have record bonus dates next week. One of these companies has also announced a split. Additionally, two more companies have record split dates next week. This means action is possible in six stocks. Five of these companies have record dates on or after Tuesday, meaning there's still a chance to benefit from bonuses or splits.
Which companies have announced this?
Julien Agro Infratech has announced a bonus for every share held. The record date is Monday, October 6th. This means that the impact of the bonus announcement will now be felt on this stock. Sayaji Industries is offering three bonus shares for every share held. The company has set a record date of October 7th. Narmada Macplast Drip Irrigation Systems has announced both a bonus and a split, setting a record date of October 10th. The company will offer one bonus share for every share held. Each share with a face value of ₹10 will be split into two shares with a face value of ₹2. Valiant Communications' bonus record date is October 10th, and the company is offering one bonus share for every two shares held. Sigma Solve Ltd has announced a split, setting a record date of October 6th. The company will split a share with a face value of ₹10 into 10 shares with a face value of ₹1 each. AGI Infra has announced a share split of ₹5 face value into ₹1 shares. The record date for the split is ₹10.
What should investors do? Investors should note that investment decisions are not based solely on corporate actions. Investment decisions are based on the stock's valuation and the company's future performance projections. Therefore, seek advice on the stock before making an investment decision.
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