BONUS BENEFIT IN PINCON SPIRIT LTD. (BSE CODE - 538771)

02/10/2015 22:42:18
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Pincon fixed record date for issue of bonus shares, record date is 9th October, 2015.

Investors who want to avail this benefit should purchase the shares on or before 7th October, 2015 (Cum date)

 

Pincon issuing in bonus shares in the ratio of 1:1.

If you have 1 share as on Cum date you will get one more share as bonus.

At present the price of share is Rs. 165/- each. So after bonus you will have 2 shares of Pincon Spirit Ltd. The average purchase cost of each share will be around Rs. 82.50.

 

Cum Date

07/10/2015

Wednesday

Ex Date

08/10/2015

Thursday

Record Date

10/10/2015

Saturday

 

After cum date , share may trade at Rs.85.00/- Each . It may trade at the same price level for a short while. After that it may regain its old glory. Who can wait for a period of 6 months , there is every chance to get 100% appreciation.

 

Already Shareguru has recommended Pincon Spirit Ltd. in its Gossip column in 6/36 th issue dated

1st December, 2014 at Rs.110/- each share. After that it has recorded a 52 week high of Rs. 239.00 per share on 21st August, 2015.

 

To view the Gossip article dated 1st December, 2014. Please click the below link.

https://www.shareguruweekly.com/index.php/site/archivespage/magazine/TITAGARH_WAGONS_LTD

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