Sebi proposed an accelerated process for crediting and trading bonus shares, suggesting T+2 trading from the record date. This aims to minimize investor risks from market fluctuations caused by delayed bonus share credits. Currently, crediting and trading these shares can take up to 2-7 working days after the record date, lacking consistent timelines.
Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target price
Shares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Strong