Several stocks have declared bonus last month and some of them go ex bonus this week. Here are 2 stocks if you buy now, you would receive bonus issue of shares.
AAA Technologies
The company has declared a bonus issue in the ratio of 1:2 and the ex date for the stock if Sept 13, 2022. This means the stock should be bought before trading hours of Sept 12, 2022. AAA Technologies is an Auditing and Consulting Company in the area of IS Audit, Information Security, IT Assurance & compliance, IT Governance and rendering these services since the year 2000.
AAA Technologies: Stock nears 152 week high
The shares of AAA Technologies are trading very close to their 52week highs of Rs 139. The shares are now trading at Rs 135. The Professionals from AAA Technologies are actively and extensively associated with various International professional bodies in the area of Information Security and IT Governance like Information Systems Audit and Control Association (ISACA).
Bajaj Finserv
The company has declared a bonus issue in the ratio of 1:1 and the ex date for the stock is Sept 13, 2022. This means the stock should be bought before trading hours of Sept 12, 2022. The shares of Bajaj Finserv have hit a 52-week high of Rs 19,325 and a 52-week low of Rs 10,727 on the National Stock exchange. The shares last closed at Rs 17,222 on the Bombay Stock Exchange.
About Bajaj Finserv
Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited, is one of the most diversified NBFCs in the Indian market, catering to more than 50 million customers.
Markets expected to be volatile
Indian equities although closed positive, faced resistance below 18k levels as markets failed to sustain yesterday's momentum and fell from day's highs. Switching out from recent outperforming sectors led to profit booking in the market today. Fresh buying was witnessed in IT and metals while profit booking was seen in Cement, real estate, consumer stocks. "Global markets too are trying to shrug off growth and inflation concerns and are likely to make a positive weekly close after 3 consecutive weeks of losses. Domestic markets are likely to remain firm on the back of healthy macro data, strong intuitional flows and improvement in festive demand. Expect sectors linked to capital expenditure, consumption and credit growth to do well over the next few weeks," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
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