Friday, May 1, 2020
Explanation about right issues of RELIANCE
Assume an Investor buy 15 shares of RIL @1464 to take advantage of right issue @1257
Right issue ratio is 15:1 means you can buy 1 shares if you you hold 15 shares in your portfolio
So before right issue your investment is 15x1464= 21960
You can buy buy 1 more @1257
Now your total investment is
21960+1257 = 23217
For total (15+1) 16 shares
So after buying right issue your average price of RIL is now
23217/16 = 1451
Means a benefit of roughly 13 rupees per shares
So we can avoid it
Labels: LEARN B4 YOU EARN
Introduction Debit cards are incredibly handy for daily expenses and general cash withdrawal needs. They provide the flexibility to withdraw...
8 MILLIONS CHILDREN ARE NOT IN SCHOOL : THE POWER OF YOUR WORDS CAN HELP CHANGE THEIR LIVES .. JOIN THE MOVEMENT NOW
Gold has always fascinated us Indians but do you know how prices of gold have varied in India. I happen to visit RBI website which pub...
SAMPARK 75(193), G. T. ROAD RAMBANDHU TAKAW OPP-CHOWALAL SCHOOL ASANSOL-713303, (W.B),INDIA JALAN BHAWAN 52 N.S.ROAD...
Those Who Joyfully Leave EVERYTHING IN GOD'S HAND Will Eventually See GOD'S HAND IN EVERYTHING WORRY ENDS, WHERE FAITH BEGI...
What is Financial Planning? Financial Planning is a solution which converts your goals into action plans and provides the direction a...
You know.. What is the meaning of LIFE.? LIFE itself has no meaning.. LIFE is an OPPORTUNITY to create a MEANING..@
*Bigger things yet to come* Slightly long message. Took some time to compile. Do read !! FII sold 7819 cr (1 billion $) yesterday (17 June)...
Investing in mutual funds is simple. But, you must have discipline and patience. It is all about commonsense. You just have to hold you...
~ Corporate News Electrical and Gulf Projects Operating Company, a part of L&T's construction division, has bagged orders agg...