Bonus Alert: Azim Premji’s Flagship Company Declares Record Date For Free Share
Bonus Alert: Azim Premji’s Flagship Company Declares Record Date For Free Share

Bonus Alert: Azim Premji’s Flagship Company Declares Record Date For Free Share

India’s fourth-largest IT company has declared its record date for the issuance of bonus shares, providing additional shares free of cost to its shareholders.

Manoj Reddy Sama Article rating: 5.0

The Board of Directors has fixed Tuesday, December 3, 2024, as the record date for the purpose of determining the equity shareholders of the company eligible for bonus equity shares (including stock dividend on ADS) of the Company.

Azim Premji-Backed IT Stock Jumps 4.3 Per Cent With 2.5 Times Spurt In Volume As Board Is Likely To Announce Bonus Shares
Azim Premji-Backed IT Stock Jumps 4.3 Per Cent With 2.5 Times Spurt In Volume As Board Is Likely To Announce Bonus Shares

Azim Premji-Backed IT Stock Jumps 4.3 Per Cent With 2.5 Times Spurt In Volume As Board Is Likely To Announce Bonus Shares

The stock is up by 46.5 per cent from its 52-week low is Rs 375 per share.

Kiran Shroff Article rating: 5.0

The company has a market cap of Rs 2,87,442 crore with a PE of 26x, an ROE of 15 per cent and an ROCE of 17 per cent.

Azim Premji’s stock among the worst-performing blue-chip stock!
Azim Premji’s stock among the worst-performing blue-chip stock!

Azim Premji’s stock among the worst-performing blue-chip stock!

Well, the culprits seem to be a lack of short-term deals and the weakness in key sectors like banking, financial services, insurance, technology, and telecom

Karan Dsij Article rating: 3.6

After all, this is the company that Azim Premji built, a name synonymous with success and innovation. Fast forward to today, and you're in for a shock - your Rs 10,000 has dwindled by almost half.

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