Infosys turns ex-bonus today
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Infosys is trading lower by 1.5% at Rs 2,143 in early morning deals on the National Stock Exchange (NSE) after turning ex-bonus today.
The stock opened at Rs 2,165 and hit a low of Rs 2,139 on NSE. A combined 188,234 shares have changed hands on the counter till 0916 hours on BSE and NSE.
The company had fixed December 3, 2014 as the record date for the purpose of allotment of bonus shares. The board of directors, at their meeting on October 10, 2014, had recommended a bonus issue of one equity share for every equity share held. Since then, the stock has rallied 19% from Rs 1,823 on October 9 to Rs 2,176 till yesterday, as compared to about 9% rise in the benchmark CNX Nifty.
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