Bonus Opportunity in M.M.Forgings Ltd (BSE Code - 522241) | Investing | Finance | Share Market | Share Guru Weekly
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There is a Bonus Opportunity in M.M.Forgings Ltd (BSE Code - 522241).
Right Now, the Bonus Issue is 1:1 Bonus i.e., One Free New Share for every One Share Held as on Record Date.
|
Cum Date |
17th July 2018 |
Tuesday |
|
Ex-Date |
18th July 2018 |
Wednesday |
|
Record Date |
19th July 2018 |
Thursday |
Cum Date for this Bonus Issue Opportunity is 17th July 2018.
So, any investor to avail this Bonus Opportunity should purchase the Shares as on 17th July 2018 and take it for delivery.
Opportunity – Right now the CMP is Rs.1425.95/- (As on 13 Jul 18 | 16:00).
|
1 M.M.Forgings Ltd Share Price |
Rs.1425.95 x 1 = Rs. 1425.95/- |
Rs.1425.95/- |
|
1 Bonus Share Price |
Rs.0/- |
Rs.0/- |
|
Cost of two Shares |
|
Rs.1425.95/- |
|
Average Cost of One Share |
1425.95/2 |
Rs.713/- |
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|
|
|
So, whoever avails this opportunity. If the Share price of M.M.Forgings Ltd on Ex-Date i.e., 18th July 2018 trades over and above Rs.713/- Then the appreciation above of Rs.713/- is profit to the Bonus Stripping Investors.
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