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
8 MILLIONS CHILDREN ARE NOT IN SCHOOL : THE POWER OF YOUR WORDS CAN HELP CHANGE THEIR LIVES .. JOIN THE MOVEMENT NOW
Introduction Debit cards are incredibly handy for daily expenses and general cash withdrawal needs. They provide the flexibility to withdraw...
A TO Z OF INCOME TAX PROVISIONS AT A GLANCE: 1. Detailed information of Income Tax is available on www.incometaxindia.gov.in 2. As per...
Budget is an annual financial statement of the government. It is about how the government earns and how it spends and whether there is sh...
*INDIA BUDGET HIGHLIGHTS* *#* FY18 fiscal deficit at 3.5% of GDP, target was 3.2% but the slippage was widely expected (fiscal deficit is ...
Those Who Joyfully Leave EVERYTHING IN GOD'S HAND Will Eventually See GOD'S HAND IN EVERYTHING WORRY ENDS, WHERE FAITH BEGI...
29/04/11 Sensex 19135(-156) Nifty 5749(-35) $ 44.43 Gold 22277 Silver 71753 CRUDE $112.82
24/12/09 Sensex 17360(+129) Nifty 5178(+33) $ 46.75 Gold 16792 Silver 27269 CRUDE $76.56 -