Key Points
Experts attribute the surge to burgeoning earnings and a brighter business outlook, while cautioning that, in some instances, this may be driven by attempts to artificially inflate stock prices amid a bull market overreaction..
These bonus shares enhance liquidity, reduce the per-share value of a stock, and foster greater participation from retail investors, according to market participants...
"Bonus shares can increase market liquidity and make the company more appealing to prospective investors, without depleting the company's cash reserves," said Thakkar of Tradebulls...
Capri Global, Newgen Software Technologies, Gujarat Ambuja Exports, Paisalo Digital, KPI Green Energy, Sandur Manganese & Iron Ores, Allcargo Logistics, SG Mart, Choice International, Salasar Techno Engineering and KP Energy are among those that have either given out bonus shares or announced a record date for their issuance...
"The issuance of bonus shares enhances the company's image in the market, thereby gaining the trust of existing shareholders, attracting other players and increasing the free float of the company's shares," said Manish Chowdhury, head of research, StoxBox...
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