Shares : If you want free bonus shares, buy 6 shares.
Stock : August 2022 has turned out to be one of the most volatile months in the stock market this year. A number of international and domestic triggers create volatility in the market.
The market has also recovered after the volatility. The Nifty index reached almost 18 thousand while recovering rapidly. Meanwhile, there are some companies that are in the process of giving bonus shares to their investors. Today we are telling you about 6 stocks that you can buy next week to get bonus shares.
1] Bajaj Finserv : This is a large-cap stock. It is a holding company for several financial services businesses under the Bajaj Group. The company serves millions of customers by providing family and income protection through asset acquisition through life and health insurance, financing, and many other services. This stock will provide bonus shares in a 1:1 ratio.This means for every share owned, you will get 1 share as a bonus.
2] GAIL Limited : It is a Government of India undertaking company and an integrated natural gas company in India. The company owns more than 2 thousand 300 km of LPG pipelines, 11 thousand 500 km of natural gas pipelines, six LPG gas-processing units, and one petrochemical facility. The market capitalization of the shares is 60 thousand 754 crore rupees. Its current market price is Rs. 92.4. This stock will give bonus shares in the ratio of 1:2, which means for every 2 shares you own, you will get 1 share as a bonus.
3] REC Limited : It is a central public sector undertaking of the Ministry of Power and it finances projects along the entire value chain of the power sector, from generation to distribution. The market value of the share is 105 and it is 27 lakh 741 crores. This stock will give bonus shares in the ratio of 1:3, which means for every 3 shares you own, you will get 1 share as a bonus.
4] Sonata Software Limited : It is a multinational company. which provides consulting, solutions and information technology services to a wide range of clients worldwide. The company’s customer base includes the United States, the Middle East, Australia, Europe and India. The stock has a market cap of 8 thousand twenty-nine crores and its current market value is Rs 586. This stock will give bonus shares in the ratio of 1:3, which means you will get 1 share as a bonus for every 3 shares you own.
5] ANG Lifesciences India Limited : It is engaged in the marketing and manufacturing of complete pharmaceutical formulations in the dosage form of sterile dry powder injection vials. The market capitalization of the share is 232 crores and the current market price of this share is 179. This stock will give bonus shares in the ratio of 1:4, which means for every 4 shares you own, you will get 1 share as a bonus.
6] Pondy Oxides and Chemicals Ltd. : The main activity of this company is to convert various forms of lead scrap into alloy and lead. The company produces secondary lead metal using lead battery scrap, which is converted into specific leads and pure lead alloys. It is also involved in the production of zinc oxide and zinc ore. The market capitalization of the stock is Rs 617 crore. So the share price is currently 1,061. This stock will give bonus shares in the ratio of 1:1, which means for every share owned, you will get 1 share as a bonus.