4 Upcoming Stocks To Watch For Bonus Issue & Stock Split

A group of companies are scheduled to trade ex-bonus and ex-split this October as the month gets underway. A bonus issue gives shareholders additional shares by using the company's reserves, while a stock split successfully lowers the share price, making the stock more accessible and appealing to a wider range of retail investors. To assist you in making prudent decisions and seizing any capture potential opportunities in the month ahead, this article provides a thorough watch list and other relevant details of upcoming stocks to watch for bonus shares and stock split.

Julien Agro Infratech

• Bonus shares ratio: 1:1
• Record date: 6th October
• Ex-date: 6th October

Julien Agro Target Price

"Julien Agro stock price is slightly bearish & oversold on the Daily charts with next support at 6.5. Investors should buy only if Daily close is above resistance of 8 for a target of 10.8 in the near term," commented A R Ramachandran, Independent SEBI registered Research Analyst.

Sigma Solve

• Stock split ratio: Stock Split From Rs.10/- to Rs.1/- or split/sub-division of existing 1 equity share having face value of Rs.10/- each into 10 equity shares of Rs.1/- each.
• Record date: 6th October
• Ex-date: 6th October

Sigma Solve Target Price

"Sigma Solve stock price is bullish but also overbought on the Daily charts with next resistance at 541. Investors should be booking profits as a Daily close below support of 485 could lead to a target of 426 in the near term," commented A R Ramachandran, Independent SEBI registered Research Analyst.

AGI Infra

• Stock split ratio: Stock Split From Rs.5/- to Rs.1/- or split/subdivision of 1 equity share having face value of Rs. 5/- each, fully paid-up into 5 equity shares having face value of Re.1/- each fully paid-up.
• Record date: 10th October
• Ex-date: 10th October

AGI Infra Target Price

"AGI Infra stock price is bearish & also overbought on the Daily charts with strong resistance at 1294. Investors should be booking profits as a Daily close below support of 1235 could lead to a target of 1140 in the near term," commented A R Ramachandran, Independent SEBI registered Research Analyst.

Gokul Agro Resources

• Stock split ratio: Stock Split From Rs.2/- to Rs.1/- or sub-division/ split of existing 1 equity share of face value of Rs. 2/- each fully paid into 2 equity shares of face value of Rs. 1/- each fully paid up.
• Record date: 14th October
• Ex-date: 14th October

Gokul Agro Resources Target Price

"Gokul Agro stock price is bearish on the Daily charts with strong resistance at 406. A Daily close below support of 390 could lead to a target of 351 in the near term," commented A R Ramachandran, Independent SEBI registered Research Analyst.

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