paisalo digital

Bonus share: Bonus share issues boom in show of corporate strength

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Mumbai: More than 20 companies have announced bonus share offers within a mere six-week span, bringing the total number of bonus issues for 2024 to 35 thus far. That compares with 90 companies that issued bonus shares in the last calendar year. Experts attribute the surge to burgeoning earnings and a brighter business outlook, while … Read more

Promoters: Promoters of some mid- and small-cap companies hike stakes in a sign of confidence

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Mumbai: Promoters are usually known to buy shares in their companies when the market cycle is in a downturn but this time they are not waiting for a bear phase to up their stakes. As the stock market extended its record-breaking run, about two dozen companies – mid-cap and small-cap companies – have witnessed an … Read more