Wipro Bonus Issue
Wipro’s board recommended a 2:3 bonus issue at the time of announcing the fourth quarter results. The board also recommended a final dividend of Rs 6 per share on the face value Rs 2 each.
Wipro rose 2.77% to Rs 722.40 on BSE after consolidated net profit under International Financial Reporting Standards jumped 21% Rs 1209 crore on 8% rise in total revenue to Rs 6983 crore in Q4 March 2010 over Q4 March 2009.
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Comments
I was holding 40 shares of Wipro… i recd bonus shares of 26 based on the calculation of 2:3…
This leaves fractional share of 0.6667—
Will I get ay amunt for this?
I have not received any bonus wipro shares in my account and my portfolio shows me a huge loss in that share. I bought it at rates of – 723
Please suggest…
i bought 8 shares of wipro at 670 but now the rate is very low. i hav nt receivd any devedend.so suggest me
I have 9 shares of Wipro.The price has fallen from 670 to 405 in the past 1 week.Please let me know on what date will the bonus shares get credited to my demat account.