Reliance Industries: Bonus cheer
The stock of Reliance Industries (RIL) went ex-bonus last week. The 1:1 bonus issue seems to have been driven by, among other factors, the 50 per cent rally in the stock this calendar. This saw its price cross the ₹1,500 mark a couple of months back and go up further since. Post bonus, the stock now trades at ₹817, making it optically more accessible to the small investor. Bonus announcements...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news