Karur Vysya Bank rewarded shareholders with a 1:5 bonus issue. The bank fixed August 26 as the record date for bonus share eligibility. Investors holding shares on that date qualified. This move reflected confidence and enhanced shareholder value. Bonus issues increased outstanding shares but reduced the stock price. Karur Vysya Bank shares closed flat at Rs 258.25 on the BSE.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major