📰 Bonus Shares: A Game-Changer for Advertisers and Marketers
🔹 M.A.G Advertising and Marketing Services, one of the leading companies in the market, has delivered impressive returns in the stock market over the past year. The company’s shares have seen a staggering growth of over 500%.
🔹 Today, the company will be trading its stock on the stock exchange in the form of ex-split shares and ex-bonus shares. The share price is currently below 200 rupees.
🔹 Announcement of 1:10 stock split: The company has informed the stock exchange that shares with a face value of 10 rupees will be split into 10 shares. As a result, the nominal value per share will be reduced to 1 rupee. After this division, the company will also issue bonus shares of 4 shares to eligible investors at the nominal value of 1 rupee per share. The record date for distribution and bonus issuance has been set as 5th February.
🔹 Impressive performance in the market: On Friday, the company’s shares were trading at 165.30 rupees per share. In the past year, bonus shares have provided stable investors with a remarkable return of 500%. In the last 6 months alone, the company’s shares have witnessed a growth of over 300%.
🔹 Market performance: Demand Advertising and Marketing Services reached a high of 189 rupees per share on the BSE in the past 52 weeks, while its lowest level reached 13.98 rupees per share.
🔹 Understanding stock split: Stock split refers to the division of shares. In simple terms, it is the process of dividing one stock into two or more parts. Through stock splits, companies distribute their shares into multiple shares. But why is it done? Market experts believe that when a company’s shares become highly priced, small investors hesitate to invest. In order to attract these small investors, companies often split their stocks. Companies frequently split their shares to increase market demand.
💡 With the announcement of bonus shares and stock splits, M.A.G Advertising and Marketing Services is set to create new opportunities for investors and strengthen its position in the market. Stay tuned for more updates on this exciting development! 💼✨
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
