Bonus shares refer to additional shares that a company distributes to its existing shareholders at no extra cost. These bonus shares enhance liquidity, reduce the per-share value of a stock, and foster greater participation from retail investors, according to market participants.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 27, according to stockedge.com’s technical scan data.