KPI Green Energy’s 1:2 bonus share issuance record date is set for January 3, 2025. Investors must purchase shares today to qualify. The company’s previous bonus issuances were in 2023 and 2024. Additionally, the record date ensures that shareholders who own shares by this date are eligible for the bonus issue. Share prices may see increased activity.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization