Bonus Issue: Tomorrow is the record date for bonuses of 3 companies, keep an eye on the stocks:

News Topical, Digital Desk : The stock market is closed on Thursday for Vijayadashami and Gandhi Jayanti. The market will see action on Friday, the last trading session of the week. Several stocks will be closely watched in the next session. Investors are watching several companies due to their announcements. The record date for bonus issues for three companies falls tomorrow. Companies issue bonus shares to bring the stock within the purchasing range of a larger investor base. Increased liquidity increases the likelihood of rapid trading in the stock. Therefore, the market closely monitors the stock price and its direction when bonus issues are issued.

Which companies have record dates on Friday?

Companies with record dates for corporate actions on Friday include GEE Ltd. The company has announced a bonus share for every share held. Paushak Ltd has announced a stock split along with the bonus. The record date for both is October 3rd. The company has announced a bonus share for every share held. Stocks with a face value of ₹10 will be split into ₹5 face value stocks. Shilpa Medicare has announced a bonus for its investors. The company is offering one bonus share for every share held. Sumeet Industries will also conduct a stock split coinciding with this record date. The company has decided to split stocks with a face value of ₹10 into ₹2 face value stocks.

What is the impact of bonuses on share prices?

Issuing bonuses does not directly impact the value of investors' investments. It lowers share prices, increases the number of shares held, and maintains a stable total investment value. While rising share prices are likely to lead to more investors and traders investing in this stock than ever before, increased liquidity could impact share prices. For stocks considered strong, further price appreciation is expected after bonuses are awarded.