A penny stock in the business of real estate construction, development, civil contracts (EPC), and related activities has gained attention after announcing its record date for a bonus issue. This move is likely to attract more investors, especially those looking for undervalued stocks with potential for growth.
Penny StocksReal EstateBonus IssueStock MarketInvestmentReal EstateMar 28, 2025
A bonus issue, also known as a free issue or a scrip issue, is when a company distributes additional shares to its existing shareholders. This is usually done to reward shareholders or to adjust the company's share capital structure.
The record date is the specific date by which a shareholder must be on the company's books to be eligible for the bonus issue. If you own shares of the company before the record date, you will receive additional shares for free.
Penny stocks, which often trade below ₹10 per share, can be attractive to investors because of their potential for high returns. However, they can also be risky, and it's important to do thorough research and understand the company's fundamentals before investing.
The risks associated with investing in penny stocks include high volatility, lack of liquidity, and the potential for significant losses. It is important to approach these investments with caution and make informed decisions based on a comprehensive analysis of the company's prospects.
An investor should consider factors such as the company's financial health, management expertise, and market positioning. It is also advisable to consult with a financial advisor to ensure that the investment aligns with your overall investment strategy and risk tolerance.
Real Estate stocks were trading with losses, with the BSE Realty index decreasing 96.9 points or 1.15% at 13:41 IST.
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