2 Companies Set To Declare Bonus Shares, Check Details

Bonus shares are additional shares that are distributed by a listed company to the current shareholders, without any charge. These top 2 companies are set to announce bonus shares on November 7. Check details and stock performances here.

BLS International Services

Multibagger stock BLS International Services Ltd. is set to announce bonus shares after the board meeting. The share price of the company closed at Rs. 335.95 a piece on NSE. The stock has surged by 18.63% in the past 1 month, and surged by 97.39% in the last 6 months. Additionally, in 2022 the stock has given a 254.64% return to its shareholders. The 52-week high level of this stock is Rs. 349.95, and the 52-week low level of this stock is Rs. 89.73.

Gloster Ltd.

Gloster Ltd. will announce bonus shares after the board meeting, on November 7. The share price of the company closed at Rs. 1,631.15 a piece on BSE, gained sharply by 20.93% in the last 5 days, ahead of the board meeting. The stock has surged by 46.28% in the past 1 month, and surged by 51.57% in the last 6 months. The 52-week high level of this stock is Rs. 1,749, and the 52-week low level of this stock is Rs. 905.80. it is a small-cap stock with an Rs. 892 crore market capitalization, which is currently offering a 2.15% dividend yield to the shareholders.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.