Bonus shares are additional shares issued to existing shareholders at no extra cost, based on the number of shares they already own. This corporate action is typically used by companies to distribute accumulated profits or reserves to shareholders, reflecting a company’s financial health and growth prospects.
For instance, if a company announces a 1:1 bonus issue, shareholders receive one extra share for every share they own. An investor holding 100 shares would thus receive an additional 100 bonus shares. While this increases the total number of shares in circulation, potentially reducing the share price, it provides shareholders with increased equity in the company.
In this article, check the stocks that are offering bonus shares in December 2024.
| Company | Bonus Ratio | Announcement Date | Record Date |
| Rajoo Engineers | 1:3 | October 10, 2024 | December 2, 2024 |
| Wipro | 1:1 | October 17, 2024 | December 3, 2024 |
| Consecutive Investment & Trading Company | 1:1 | October 16, 2024 | December 6, 2024 |
| Achyut Healthcare | 4:10 | October 19, 2024 | December 10, 2024 |
Rajoo Engineers is involved in the manufacturing of plastic-extrusion machinery in Gujarat. The company designs and manufactures machines and offers tailor-made solutions per customers’ requirements. The company’s revenue from operations for Q2 FY25 stood at ₹56.81 crore, up 6.12% from ₹53.53 crore in Q2 FY24. Profit After Tax rose 36.74% to ₹7.24 crore in Q2 FY25, compared to ₹5.29 crore in Q2 FY24.
On November 27, 2024, Rajoo Engineers share price opened at ₹374.10, touching the day’s high at ₹379.00, as of 9:56 AM on the BSE.
Wipro Ltd is a global Information technology, consulting and business process services (BPS) company. For the quarter ending September 30, 2024, gross revenue stood at ₹223.0 billion, reflecting a 1.5% QoQ increase and a 1.0% YoY decline.
On November 27, 2024, Wipro share price opened at ₹591.50, touching the day’s high at ₹596.00, as of 9:54 AM on the NSE.
Consecutive Investments & Trading Co is involved in the business of trading in fabrics and yarn. In Q2 FY25, the company reported a total net revenue of ₹394.98 lakh, an increase compared to ₹0.16 lakh in Q2 FY24. Net profit for the period stood at ₹61.12 lakh, a rise from the loss of ₹17.32 lakh recorded in Q2 FY24.
Achyut Healthcare Ltd is a pharmaceutical trading company dealing in API, Pharmaceutical products, medical devices, etc. In Q2 FY25, the company reported a total income of ₹268.50 lakh, an increase compared to ₹179.81 lakh in Q2 FY24. Net profit for the period stood at ₹35.27 lakh, a rise from ₹26.08 lakh in Q2 FY24.
On November 27, 2024, Achyut Healthcare share price opened at ₹85.99, touching the day’s high at ₹86.39, as of 9:52 AM on the BSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary
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