With high hope of increasing capital plan of insurance sector most of the insurance shares are booming and people are buying with a hope of high bonus and right shares but LGIL has dissatisfied investors by announcing only 18.182% bonus shares like PRIN. This announcement will certainly cause fall in price of the individual stock.
Friday, October 28, 2016
Good news for Microfinance investors
Chhimek laghubitta and Nagbeli laghubitta announced heavy dividends to its shareholders. CBBL proposed 40% bonus and 12.5% cash divided while Nagbeli proposed 60% bonus and 20%cash dividend. This announcement will create positive vibes among investors of microfinance in comming days who were in delima of the upcoming stock dividends from micro sector.
Wednesday, October 26, 2016
Premier Insurance (PIC) declared 20% Bonus
PIC announced 20%stock dividend for the year 2072/73 which is 10%less then the last year (ie.30%) on 2071/72. After 20% bonus it's paid up capital will be around 44 crorer which is subject to approval from insurance board.
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