Bonus Stocks: 4 Pvt, PSU Stocks Turning Ex-Bonus In Next Few Days

Four stocks will soon turn ex-bonus next month. These stocks are Lancer Containers Lines Ltd, Power Grid Corporation, Focus Business, and Veer Global Infraconstruction Ltd. Some of these stocks have given attractive returns to investors in last couple of months. Check details pertaining to these bonus stocks below:

1. Lancer Containers Lines: Last trading price of Lancer Containers is Rs 220.20 apiece on BSE. The small cap stock offered 78% return in last 1-year, 508% return in last 2-years, and 3077% return in last 1-year. Lancer has a market capitalisation of Rs 1390.44 crore.

The company on August 11 set September 23, 2023 as the record date to determine number of shareholders entitled for Bonus Equity shares in the ratio of 2:1. The ex-bonus date of the small cap Logistics sector stock is September 22, 2023.

2. Power Grid Corporation: Last trading price of the PSU power sector stock is Rs 240.65 apiece with intraday fall of 1.23% on BSE. The large cap company has a market capitalisation of 1,67,864.27 crore. Power Grid Corporation share offered shareholders return of 12% year-to-date, gained 33% in last 2-years, and 80% return in last 3-years.

The company August 8, 2023 fixed September 12, 2023 as the record date for bonus issue in the proportion of 1:3. The ex-bonus date is September 12, 2023.

3. Focus Business: Last trading price of Focus Business Solutions share is Rs 102.00 apiece on BSE. The small cap stock has a market capitalisation of Rs 22.66 crore. Focus Business shares offered return of 117% in last 3-months and 175% return in last 1-year. In last 2-years, Focus Business stock soared 410%. The company fixed August 23, 2023 as the record date for 4:5 bonus issue. The ex-bonus date will also be August 23, 2023.

4. Veer Global Infraconstruction: The stock traded new 52-week high on August 17, 2023. Veer Global's last trading price is Rs 252.00 apiece with intraday gain of 1.61%. It has a market capitalisation of Rs 204.67 crore. The company revised its record date for 1:1 bonus issue as August 22, 2023 which was fixed as August 18, 2023 earlier.

Veer Global shares jumped 57% in last 1-month, 68% in last 3-months, and gained 303% in last 2-years.

Disclaimer: The stocks just highlight the bonus issue and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.