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why should it go up. they dont have any business, any property, any infrastructure, no income. there is no reason for the share price to move up. we will have to wait till the time they set up at least one power plant and start electricity production
Cavaliers
BECAUSE THEY WERE ISSUING BONUS SHARES
N
BECAUSE THEY WERE ISSUING BONUS SHARES
priyankji
right..
why it should be up , i don't know
all the required information is in this blog..
www.shares2share.blogspot.com
Focus
The stock is down after the ExBonus date. The company had issued a bonus issue at 3:5 ratio. So after the ExBonus date, the price of the stock has been reduced in the corresponding ratio.
kaps
hi its becouse bse websight say thet xbonus date is 30-may
and people who had shares of r power wanted to book profit as they are qualifies to get bonus shares 5;3 ratio so they were aware of market price of share if have 10 share on 29th then u will be hvng 16 shares so ur 4080 rs as on 29 may will be (at todays rate)236*16= thet means3776
but dont werey now u own 60% share more and they are going to be like 5000 in coming mounths and atleast 17000 once rpower start production
nirdesh c
they are giving bounes shares and second reason there no FII and mutual fund take position in this stock so far. its totally on trader basis stock.
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