The boards of directors of Television Eighteen Limited (TV18) have recommended an issue of bonus shares in the ratio of 1: 1 (1 bonus share for every 1 share held), to the existing shareholders of Television Eighteen Limited (TV18) as appearing in the company register of shareholders, on the record date, which will be announced in a few days time. The bonus issue will be made by capitalizing the free reserves of Television Eighteen Limited (TV18).
The Current Market price of Television Eighteen India Limited is Rs. 84.35
So if you have 10 stocks in your portfolio then Post Bonus you will have 20 stocks in your Portfolio!!!
But post Bonus declaration the stock price may become half Rs.42.17
For details on how to play this stock call us on 022-40156688/6699
Posted By - Chintan Dedhia
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