A 1:1 bonus issue means the company grants one additional share for each share an investor owns. However, the investment’s total value remains unchanged, as the stock price is proportionally adjusted to reflect the increased number of shares.
So, on the downside, then we will again look at retesting 23,200, the lows that we made last month and if that breaks, then possibly
Amnish Aggarwal from Prabhudas Lilladher highlights the favorable position of power financiers in the renewable energy sector, despite high valuations post re-rating. He sees potential
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