Bonus Opportunity in Sumeet Industries Ltd | Investing | Finance | Share Market | Share Guru Weekly
There is a Bonus Opportunity in SUMEET INDUSTRIES LTD. (BSE Code - 514211).
Right Now, the Bonus Issue is 1:4 Bonus i.e., 1(one) new bonus equity share of Rs.10/- (Rupees Ten) each for every 4 (four) existing equity shares of Rs.10/- (Rupees Ten) each held in the Company.
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Cum Date 2nd August 2018 Thursday
Ex-Date 3rd August 2018 Friday
Record Date 4th August 2018 Saturday
Record Date for this Bonus Issue Opportunity is 4th August 2018.
So, any investor to avail this Bonus Opportunity should purchase the Shares as on 2nd August 2018 and take it for delivery.
Opportunity – Right now the CMP is Rs.14.76/- (As on 27 Jul 18 | 16:00) .
4 SUMEET INDUSTRIES LTD Share Price Rs. 14.76 x 4 = Rs. 59.04/- Rs.59.04/-
1 Bonus Share Price Rs.0/- Rs.0/-
Cost of five Shares Rs.59.04/-
Average Cost of One
Share Rs. 59.04/ 5 Rs.11.80/-
So, whoever avails this opportunity. If the Share price of SUMEET INDUSTRIES LTD on Ex-Date i.e., 3rd August 2018 trades over and above Rs.11.80/- ~ Rs.12.00/- Then the appreciation above of Rs.12.00/- is profit to the Bonus Stripping Investors.
All the standard SHARE MARKET disclaimers apply. Your decisions will not bind us for any profit or loss arises. Please do your own home work and satisfy yourself before investing.