IOC board approves 1:2 bonus share issue; Q4 profit falls 26.4% YoY

Indian Oil Board has recommended issue of bonus shares in the ratio of 1:2

i.e, for every two existing shares investors hold, one new bonus equity share will be issued.

What Do you mean by  Stock Bonus?

Bonus shares are additional shares given to the current shareholders without any additional cost

based upon the number of shares that a shareholder owns. These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares.

What happens during stock bonus?

Is it good to buy bonus shares?

How is bonus share calculated?

What is difference between stock split and bonus

ALL QUESTIONs ANSWER  ALONG WITH IOCL SHARE BONUS DETAIL IN ARTICLE CLICK ON THE BUTTON BELOW