Like REC, Gail will declare bonus.. those who are holding left over buyback shares will reap benefits from Gail bonus.. better to hold for sometime if not yet sold..
Amit ji, Once again, please accept my heartfelt gratitude for your update. May I request you to share your views on the Buybacks of QHT and CRL. Thank you very much in anticipation of your kind response.
KSRK sir, if you are having quick heal, care rating, I suggest to closely watch the stock movement. If it goes higher before record date, I suggest to book profit instead of waiting for buyback cycle.. if not, you can wait for buyback cycle, but now a days AR of buybacks very less because of high retail participation...
Amit ji, I will be ever grateful to you for your kind response to guide me. Now, I have withdrawn from the thinking of purchasing the shares of care rating. However, I am already holding 550 shares of Quick heal. I will definitely act as you suggested. Once again, thank you very much for your kind n valuable views.
I don't think there is any benefit issue with bonus shares because the price will be accordingly reduced. Only later on benefit when dividend is declared.
Anjay sir, if you observe REC price it already moved up by 14% after bonus announcement. Similarly I am expecting Gail to move up by at least by 10% before bonus ex-date to Rs160 level.