3 Stocks That Give You Bonus Shares In The Next Few Weeks

The Nifty remained volatile on the day of the F&O weekly expiry and closed flat and in the negative territory at 18297 levels. Consumer Durables were the top gainers followed by the FMCG sector. Global markets saw some respite after US inflation eased to 4.9%. "On the domestic front, India's CPI data will be keenly watch which is due on Friday. Market is stuck in a range for the last 3 days, despite favorable global environment and strong FIIs buying. Nifty is gradually moving to a higher zone, while the downside is limited. Overall, suggest to remain with buy on decline strategy with action in the broader market," says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Here are three stocks, which if you buy now you will receive bonus issue of shares. We wish to emphasize the fact that this is not a recommendation from our end and we have not done any fundamental analysis. All we are saying is that the stocks are available on a bonus basis right now.

Indiamart Intermesh

The stock of Indiamart Intermesh are now trading on a bonus basis and the stock goes ex-bonus on June 21, 2023. The company has declared a bonus in the ratio of 1:1. The company is an e-commerce player, whose shares closed at Rs 5911.85 on the Bombay Stock Exchange.

Hadwyn

Hardwyn is engaged in the manufacturer of architectural hardware and glass fittings. The company has declared a dividend in the ratio of 1:1 and the stock of the company goes ex-bonus on June 5, 2023. The shares of the company were last trading at Rs 353 on the National Stock Exchange.

Veerkrupa Jewellers

This company has declared a bonus in the ratio of 2:3 and the stock will go ex-dividend on May 16, 2023. The stock of the company were trading at Rs 74.50 on the BSE.

It is important to note that stocks fall as soon as they go ex-bonus and price adjustment takes place accordingly. It's important to remember that one needs to study the stocks and do not merely buy them because of bonus issue of shares.

Disclaimer

Stocks here have been highlighted for their bonus issue of shares. Greynium Information Technologies, and the Author are not liable for any losses caused as a result of decisions based on the article. Please note, the article is for information and no fundamental analysis has been done. Goodreturns.in advises users to consult with certified experts before making any investment decision