Bonus Stock 2024: There is good news for investors betting on companies distributing bonus shares. Remedium Lifecare Ltd has decided to distribute bonus shares. The company has announced the record date for bonus shares. Let us tell you, the stock price is less than Rs 100.
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Is the record date in July?
The company has said in the information given to the stock exchanges that it has decided to give 3 shares as bonus on one share with face value of Re 1. The company has fixed the record date for this bonus issue as Saturday, July 6, 2024. That is, only those investors whose names will be in the record book of the company on this day will get the benefit of bonus shares.
The company is distributing bonus shares for the second time
The company first traded as ex-bonus stock on July 28, 2023. Then the company had given a bonus of 9 shares on 5 shares. This stock has also been divided twice. The stock was traded ex-split on September 1, 2023. Then the shares of the company were divided into 2 parts. After which the face value was reduced from Rs 10 to Rs 5.
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The stock was ex-split traded on February 23 this year. Then the face value of the company’s shares will reduce from Rs 5 to Rs 1 per share.
How is the company’s performance in the stock market?
On Friday, the company’s share price closed at Rs 77.30 with a decline of 0.51 percent. During the last one year, the company’s share prices have seen a rise of 9.9 percent. However, the price of this stock has fallen by 24 percent in the last one month.
The company’s 52 week high level is Rs 179.66 and 52 week low level is Rs 66.83 per share. The market cap of the company is Rs 779.18 crore.
