Question
what will the price of a ril share?
please advise me about what will the price of a ril share when it will allot double bonus share accout
1 month ago - 3 answers
Best Answer
Chosen by Asker
RIL has announced 1: 1 bonus issue. It means you will get 1 free bonus share for every 1 share you hold. Ex-bonus price will ideally be = cum-bonus price divided by ( originally held shares + bonus shares recieved ) In this case ex-bonus = 2000/(1+1) i.e. 2000/2 i.e. 1000/- This is just an example / illustration. If the price is 2200 on the ex-bonus date then ideally the ex-bonus price will be 2200/2 i.e. 1100/- It depends on the closing price on the ex-bonus date.
Source(s)
just me
by Nitin G
1 month ago
Asker's Rating: 