Double Gift, Bonus Shares and Stock Split Announcement of ‘This’ company in the stock market will simultaneously give a big earning opportunity to the investors.

Share Market News: There is a working news for the investors in the share market. This news is going to be more special for investors who invest in companies that offer bonus shares, dividends and stock splits.

According to the information received, the company in the stock market has simultaneously announced bonus shares and stock split to its investors, and due to this, the shares, which have been under pressure for the past one year, are now booming.

Best Agrolife Limited has completed preparations for stock split and bonus shares for its investors. The proposal has recently been approved by the company’s board of directors and this has brought the company’s stock into focus.

The stocks of this company were under pressure for the last twelve months but now once again its stocks are bullish and hence the attention of investors is drawn towards this stock.

Best Agrolife is known as the leading agro chemical company in the country. This company is doing business since 1992. Meanwhile, this company has announced share split and bonus issue for its investors.

The company has decided to do a stock split in the ratio of 1:10. Also, the company is going to give 7 shares for free after two shares. That means bonus shares will be distributed by the company in the ratio of 2:7.

Small investors will get relief

The company is going to split one share into ten shares. After the split, the share count will increase and the price will decrease relatively, making the stock more affordable for new investors, according to insiders.

Along with this, the company has also announced to give 7 bonus shares for every 2 shares. Due to this double announcement, enthusiasm among investors has increased and a wave of buying is seen in the stock.

Performance of shares in the stock market

After this decision taken by the board of directors of the company, the stock of Best Agrolife has taken a tremendous bounce in the last few sessions. Due to this, the share price has reached Rs 391.50. The performance of this stock in the last ten days has been very encouraging.

The company’s shares have risen from Rs 300 to Rs 385 in the last ten days. The market capital of the company has also reached Rs 946.14 crore. But in the last three years, the company’s stock has fallen by 76%. Also, the shares have fallen by 40 percent in the last one year.