NSE shares up after bonus, dividend
Business Standard|May 11, 2024
The National Stock Exchange (NSE), the country's top bourse, has seen its market value soar by nearly 85,000 crore to 3.21 trillion after declaration of a four-for-one bonus issue and dividend of ₹90 per share.
KHUSHBOO TIWARI

Its shares have jumped to ₹6,000 apiece in the unlisted market from ₹4,500 prior to its results last week.

Industry experts said that the interest from retail and high-net worth investors (HNIS) in the stock has grown on the account of bonus issue. With the bonus issuance, the stock will trade in the sub 1,200-1,500 range, it will appear cheaper and also boost liquidity, they said.

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