Bonus shares are additional shares that a company issues to its existing shareholders without any additional cost, based on the number of shares that a shareholder already owns. This is often done in place of paying dividends and is a way for companies to distribute accumulated earnings back to their shareholders.
Company | Bonus Ratio | Announcement | Record | Ex-Bonus |
Milkfood Ltd | 1:1 | 01-08-2024 | 13-08-2024 | 13-08-2024 |
EIH Associated Hotels Ltd | 1:1 | 25-07-2024 | 13-08-2024 | 13-08-2024 |
GRP Ltd | 3:1 | 25-07-2024 | 12-08-2024 | 12-08-2024 |
Gujarat Themis Biosyn Ltd | 1:2 | 31-07-2024 | 09-08-2024 | 09-08-2024 |
Maruti Infrastructure Ltd | 1:2 | 30-07-2024 | 09-08-2024 | 09-08-2024 |
Sakuma Exports Ltd | 4:1 | 01-08-2024 | 10-08-2024 | 09-08-2024 |
Caspian Corporate Services Ltd | 2:1 | 30-07-2024 | 09-08-2024 | 09-08-2024 |
Aartech Solonics Ltd | 1:2 | 31-07-2024 | 09-08-2024 | 09-08-2024 |
Bonus shares are additional shares distributed by a company to its existing shareholders at no extra cost. This means that shareholders receive extra shares in proportion to the number of shares they already own.
For example, suppose a company issues bonus shares in a 2:1 ratio. In that case, shareholders will receive two bonus shares for every share they currently own. This increases the total number of shares held by the shareholders without requiring them to make any additional payment.
Companies issue bonus shares for several reasons:
Bonus shares are add-on shares given to you at no additional cost. They are a reward for existing shareholders who boost the liquidity of their stock. The issuance of bonus shares signals that a company is performing well and is confident about its future growth.
Many companies have announced plans to issue bonus shares in India in 2024. Shareholders can look forward to benefiting from these bonus share offerings, which can enhance their overall holdings and represent the company's confidence in its future performance.
If you are interested in upcoming bonus shares, refer to the INDmoney bonus shares list.
The benefits of bonus shares are:
When companies give bonus shares to their shareholders, it's important to know that these bonus shares are exempt from taxes. But if you decide to sell them later, you might have to pay capital gains tax on any profit you make from selling them.
Name | Price | M Cap | Alpha | 1Y Return | 3Y Return | 5Y Return | PE | Industry PE | PB | Beta | Net Profit Qtr | Net Profit QoQ % | Net Profit YoY % | Net Profit 3Y Change % | Rev Qtr (in Cr) | Rev QoQ (in %) | Rev 1Y change % | Rev 3Y change % | Profit Mar Qtr | Profit Mar QoQ | Profit Mar 1Y Change% | Profit Mar 3Y Change% | Sector | M Cap | ROE | ROCE | EPS | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Adani Power Ltd | ₹535.90 | LARGE CAP | 1.89% | 417.72% | 793.5% | 17.2 | 28.12 | 6.88 | 1.52 | 3297.52 Cr | 94.18% | 1540.09% | 13338.88 | 29.86% | 92.02% | 41.37% | 49.53% | 754.11% | Utilities | 206770.5 | 55.41% | 30.81% | 54 | 3749073 | ||||
Tata Motors Ltd | ₹798.75 | LARGE CAP | 13.32% | 65.36% | 408.91% | 9.28 | 36.4 | 12.63 | 1.07 | 3450 Cr | 1082.46% | 100534 | 26.58% | 75.32% | 7.26% | 834.16% | Consumer Cyclical | 300663.41 | 19.5% | 14.69% | 82.99 | 15573233 | ||||||
Adani Wilmar Ltd | ₹311.35 | MID CAP | 16.63% | 16.63% | 41.38 | 138.46 | 5.04 | 0.94 | 281.91 Cr | 14460.45 | 2.06% | 38.21% | 0.33% | Edible Oil | 40660.45 | 3.42% | 9.6% | 1.31 | 799567 | |||||||||
Infosys Ltd | ₹1,923.65 | LARGE CAP | 12.53% | 29.15% | 9.01% | 168.02% | 29.53 | 41.47 | 7.66 | 0.75 | 6516 Cr | 2.23% | 8.88% | 35.14% | 40986 | 4.25% | 4.7% | 52.95% | 17.08% | 3.99% | Technology | 798227.95 | 36.58% | 45.07% | 63.37 | 4274645 | ||
Tata Steel Ltd | ₹149.88 | LARGE CAP | 14.03% | 26% | 264.62% | 63.1 | 25.21 | 1.43 | 1.44 | 758.84 Cr | 53489.73 | 46.63% | Industrials | 185118.22 | 7.79% | 13.67% | 39059139 | |||||||||||
Yes Bank Ltd | ₹21.84 | MID CAP | 6.12% | 53.5% | 36.42 | 16.38 | 1.62 | 1.25 | 566.59 Cr | 9.8% | 74.66% | 9225.45 | 2.55% | 23.98% | 42.4% | 3.9% | 7.08% | 40.88% | Financial Services | 67370.91 | 2.45% | NA | 0.45 | 113868644 | ||||
Zomato Ltd | ₹295.30 | LARGE CAP | 136.93% | 155.76% | 107.15% | 140.44% | 356.41 | 6.95 | 0.71 | 176 Cr | 4799 | 14.1% | 71.13% | 507.58% | 2.9% | Technology | 292357.37 | 5.15% | 5.18% | 0.4 | 51131895 | |||||||
ITC Ltd | ₹464.95 | LARGE CAP | 4.13% | 100.15% | 95.13% | 28.64 | 28.95 | 7.41 | 0.62 | 5054.43 Cr | 6.54% | 55.06% | 20581.57 | 12.22% | 43.85% | 29.28% | 6.63% | 7.79% | Consumer Defensive | 589446.9 | 29.21% | 37.4% | 16.62 | 11703384 | ||||
Wipro Ltd | ₹303.75 | LARGE CAP | 24.15% | 41.39% | 147.38% | 26.45 | 41.47 | 4.34 | 1.09 | 3226.6 Cr | 6.26% | 2.25% | 22301.6 | 1.54% | 44.93% | 12.38% | 4.65% | Technology | 311152.65 | 15.13% | 19.03% | 10.635 | 9285213 | |||||
HDFC Bank Ltd | ₹1,870.00 | LARGE CAP | 12.41% | 21.55% | 49.31% | 20.39 | 16.38 | 2.5 | 0.95 | 17825.91 Cr | 8.2% | 39.27% | 101.24% | 121456.74 | 3.81% | 99.35% | 161.73% | 15.7% | 4.23% | Financial Services | 1418773.37 | 16.88% | NA | 86.15 | 13473956 |
Companies issue bonus shares as a way to reward shareholders without distributing cash dividends. It capitalizes a part of the company's retained earnings into equity capital.
Bonus shares are different from stock splits. In a stock split, the number of shares increases, but the overall value of the investment remains the same. With bonus shares, shareholders receive additional shares for free, increasing the number of shares they hold.
Bonus shares are issued by a company's board of directors after obtaining approval from shareholders. The company allocates bonus shares based on the shareholder's existing holdings.
No, bonus shares do not dilute the value of existing shares. While the number of shares outstanding increases, the value of the company remains the same, so the proportional ownership of each shareholder remains unchanged.
Yes, bonus shares can be sold immediately after receiving them, just like any other shares. The decision to sell or hold the shares depends on the shareholder's investment strategy.
Yes, companies can issue bonus shares every year, but they must meet certain criteria and obtain approval from shareholders.
Shareholders should update their records to reflect the additional shares received. They may also consider consulting with a financial advisor to understand the implications of the bonus shares on their investment portfolio.
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