Snehal khanna Blog

Infosys was trading 2% lower at Rs 927 on the BSE as compared to 0.21% decline in the S&P BSE Sensex and 0.48% fall in the sector index S&P BSE Information Technology at 10:47 AM. LATEST NEWS : Infosys fell 2.5% at Rs 921 on the BSE intra-day trade after the stock turned ex-date for the proposed buyback and for interim dividend of Rs 13 per share. On October 9, 2017, the Buyback Committee had approved and fixed Wednesday, November 1, 2017 to be the record date for determining the entitlement and the names of the equity shareholders, to whom the Letter of Offer will be sent and will be eligible to participate in the buyback which was approved in the board meeting on August 19, 2017. The record date for the payment of interim dividend would also be November 1, 2017, subject to declaration of interim dividend by the board of directors of the Company in their meeting to be held on October 24, 2017, Infosys said in a regulatory filing. The board had declared an in...

Since July 3, the bank announced the stock split plan the stock outperformed the market by surging 29% against 3.5% rise in Sensex LATSET NEWS :  Yes Bank hit a new high of Rs 383, up 2% on BSE in early morning trade after the stock turned ex-stock split in the ratio of 1:5 with effect from today. The board of Yes Bank on July 26, 2017 had approved stock split in the ratio of 5 for 1, i.e. sub-division of 1 equity share of face value of Rs 10 each fully paid up into 5 equity shares of Rs 2 each fully paid up. The bank has fixed Friday, September 22, 2017 as record date for determining the eligibility of shareholders, with regards to sub-division equity shares. In order to facilitate affordability of the company’s shares for investors at large and to enhance the liquidity of the company’s equity shares in the stock market, the most of companies proposed to bring down the nominal face value of equity shares. Since July 3, the bank announced the stock split pl...