- Wealth PMS (50L+)
BHEL has now announced a 1:1 bonus – that means one for every share you own. The record date is June 1, 2007.
Post June 1, the share price will drop by half. That means you will not benefit in any real way from the bonus. But one thing that may happen is that there may be lots of buying for saving tax. This may drive up the share price temporarily.