Interestingly, the stock witnessed a faster retracement as it saw a correction of 35 per cent in 11 weeks and retraced its entire downmove in just two weeks, which signals strength as well as a robust price structure.   

However, there is a new twist in this tale now and that is the emergence of the new power exchange in the country - Hindustan Power Exchange (HPX). Backed by BSE and Power Trading Corporation (PTC).

The quarterly sales have not only surpassed the pre-COVID levels but have been the best-ever for the company on the back of strong brand equity among consumers, the latest fashion products, and superior quality aided by the solid end-of-season sales, encouraging festive & wedding season across India.  

It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank

The company is issuing a 3:1 bonus share with a record date of July 5

You might be wondering why this stock requires special attention in the near future! Don’t worry, we’ll discuss the same in this article itself! 

Buying interest was so vocal that the stock had gained over 20 per cent from the low of June 23.

Hence, if you are an investor who wishes to receive a bonus share in the pharmaceutical company

The stock is up by nearly 29 per cent on a YTD basis while in the last one year, it has gained nearly 57 per cent.  

The record data for the purpose of determining the members eligible to receive the second interim dividend is fixed as June 07, 2022 (Tuesday).