The Third Eye : ITC Ltd.

The company is in news following announcement of Board meeting on 17th June,2005 to consider issue of Bonus share and stock split. The third eye recommends a watch on ITC counter as the stock is bound to see some major action in the coming week based on the above news. Another factor working in favour of this counter is the forecast for normal monsoon this year. There is a word around the street that the bonus may be 1:2

Happy Investing!!

7 comments:

glassnost said...

Your site is excellent! keep it up!
Can you tell me how to get the BOOK VALUE of a stock thru either NSE or BSE website or any other means.
For example today IOC announced their annual results now how to find the latest book value of IOC.
Pl do reply

glassnost said...

No reply????????

Rajesh Soni said...

I have put the reply as a comment on your blog. Regards

samlxin said...

New to trading in shares being doing it for 3 months. Just wanted to know whether if i buy 100 shares today, will i be getting the bonus shares (if declared). Let me know thanks

Sumit said...

Guyz regardin itc 2 things r certain in the june 17 board meetin call it insider's sources but its definite...Stocks in for restructurin....1st thing bonus share in the ratio of 1:1...2ndly stock split is certain to brin the stock back within the reach of retail investors....Dividend announcement of arnd 21 per share....lastly post dividend.,.bonus issue & stock split...it will trade arnd 180-250 levels....Track the counter its in for a major restructurin

Rajesh Soni said...

Reg. Samlxin's comment :
Yes , You will get the bonus share if you buy the shares before the record date. In case of ITC the bonus ratio itself is not yet declared (17th June ). So be assured about this.

Rajesh Soni said...

Reg. Sumit's comment :
I would wait for the announcement on 17th before making any guessing in addition to what I have already written in my article.
BTW, thanks for your insight into the development on this counter.