2 Stocks To Turn Ex-Bonus And 1 To See Consolidation This Week

Bonus and stock split are corporate actions and ex-date is the date when these stocks will adjusts in price as per the announcement on bonus shares and stock split announced. Likewise, here are 4 stocks that will turn ex-bonus and ex-split:

Mishtann Foods

The company from the food processing space is locked in 5% upper circuit and is trading at Rs. 24.65 apiece on the NSE. The stock is a multibagger with handsome return of 460%.

The company strong on financials has taken a decision to issue bonus shares in the ratio 1:1. The ex-date for the same is June 2, 2022, while the record to decide on the eligibility is June 3, 2022.

Mishtann Foods Limited is an India-based manufacturer of fast moving consumer products. The Company produces and sells wheat, toor dal and basmati rice under the brand name Mishtann in India.

RO Jewels

The Company is engaged in the wholesale business of gold and Silver chains. The Company essentially sells gold based chains bracelets gold/silver bars and necklaces. It procures gold & silver majorly through the bullion market and partially from the local markets in Ahmedabad. The company has taken a decision to issue bonus shares in the proportion of 82 shares for every 32 shares held by the investor. The record date for the same is June 3, 2022.

 

Svarnim Trade U

The company is again a penny scrip quoting last at a price of Rs. 11.72 per share. The company has been a loss making entity with revenue in Fy 2021 at Rs. 0.89 crore, while its net income has been in the negative.

SVARNIM TRADE UDYOG limited is presently into the business of trading of textiles. The company is planning for expansion of its business. The company wishes to expand and grow its business in imports, exports and manufacturing unit also.

The stock will consolidate from a face value of Rs. 1 to Rs. 10 and the ex and record-date for the same are June 1 and June 2, respectively.