bonus shares News

HDFC Bank Reports 12% Surge in Q1 Profit Amid Robust Income Growth and Announces Bonus Shares

HDFC Bank reports a 12.2% increase in Q1 net profit to Rs 18,155 crore, driven by strong income growth. The bank announces a 1:1 bonus issue and an interim dividend of Rs 19.50 per...

Ashok Leyland Shares Plunge 51%: A Market Crash or Strategic Bonus Adjustment?

Ashok Leyland shares saw a 51% drop, not due to market crash but a technical adjustment from a 1:1 bonus share issue. Investors' value remains unchanged as share count doubles.