eClerx rallies 7% as stock trades ex-bonus
Investors holding the eClerx as of the record date will be eligible for additional shares. Since the announcement of bonus shares on August 10, the stock has gained over 8 per cent.
By Roshni Agarwal, ETMarkets.com |
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New Delhi: Shares of eClerx gained up to 7 per cent in Wednesday’s trade to hit a day’s high at Rs 1,545 as its shares traded ex-bonus.
The BPO and KPO services entity announced bonus share issuance on August 10, 2022. The company announced an issue of bonus shares in the ratio of 1:2, i.e. one new bonus share for every two existing equity shares held by investors. The ex-bonus date for the same is September 21, 2022, while the record date is September 22, 2022.
Investors holding the eClerx as of the record date will be eligible for additional shares. Since the announcement of bonus shares on August 10, the stock has gained over 8 per cent.
According to the Trendlyne data, of the eight analyst recommendations on the counter, seven have a strong buy, and one has a buy call on the stock.
The BPO and KPO services entity announced bonus share issuance on August 10, 2022. The company announced an issue of bonus shares in the ratio of 1:2, i.e. one new bonus share for every two existing equity shares held by investors. The ex-bonus date for the same is September 21, 2022, while the record date is September 22, 2022.
Investors holding the eClerx as of the record date will be eligible for additional shares. Since the announcement of bonus shares on August 10, the stock has gained over 8 per cent.
According to the Trendlyne data, of the eight analyst recommendations on the counter, seven have a strong buy, and one has a buy call on the stock.
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