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Will NSE's Bonus Issue Help You Buy The Share Easily?
The NSE bonus issue is seen by the street as a precursor to the expected nod for the IPO, which is stuck at the market regulator's end.
06 May 2024, 11:42 AM IST
The National Stock Exchange's bonus announcement of four shares for every one share will improve liquidity in the over-the-counter market, but there are restrictions on the transferability of NSE shares. The NSE shares were trading in the range of Rs 4,000–4,500 per share in the OTC market, valuing the country's largest stock exchange in the range of Rs 1.92–2.2 lakh crore.This valuation is based on the pre-bonus and pre-dividend sha...
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