Reliance Industries said, bonus shares will be like a Diwali gift for shareholders – free shares are like early Diwali gift to shareholders says reliance industries

Reliance Industries Limited (RIL), a company led by renowned entrepreneur Mukesh Ambani, says that the company’s bonus shares will be like a Diwali gift for shareholders. Actually, the listing of bonus shares will happen in the upcoming festive season. The company’s board of directors has approved bonus shares in the ratio of 1:1 on equity…

Stockology: Auto, tech and capital goods sector shares will continue to rally next week – stockology auto tech and capital goods sector shares will continue to rally next week

Stockology is our weekly column written by futurologist Mahesh Govande. He is the founder and director of Ayan Analytics. Ayan Analytics has developed the research software ‘ZodiacAnalyst’. We did not expect the Nifty to hit new highs, but were surprised by the aggression in the technology segment. Most PSU stocks saw profit booking by big…