Sheela Foam will now command a combined market share of around 21 per cent in the modern mattress market in India.

In CY22 more than 150 companies announced issue of bonus shares and we have gauged the performance of some well-known stocks from the date of ex-bonus to date (December 30). 

The corporation verified that the record date for the issuance of bonus shares is December 22, 2022 and that bonus shares will be issued to equity shareholders in a ratio of 1:1.

These are trying times and we need to stay calm and cautious. That said, we are likely to see stock-specific action and hence, we have chalked a list of stocks which are likely to announce bonus and might see some good action in the days to come.