BONUS IN GODREJ CONSUMER PRODUCTS.

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Deepumirwani
Posts: 6
Joined: Sat May 13, 2017 6:09 pm

BONUS IN GODREJ CONSUMER PRODUCTS.

Post by Deepumirwani »

Hi,

my question is :

to be eligible for bonus in GODREJ CONSUMER PRODUCTS, till which date do i have to buy shares?

and is it a good time to enter into this stock at this time? what are the prospects for the next one year period?

thanks,

Deepak.
Pee Vee
Site Admin
Posts: 453
Joined: Mon Dec 26, 2016 10:45 pm

Re: BONUS IN GODREJ CONSUMER PRODUCTS.

Post by Pee Vee »

The record date has been announced as 24th June 2017.

http://www.moneycontrol.com/stocks/repo ... 84561.html

This means that you have to be registered as a shareholder as of 24th June 2017 to be eligible for the bonus shares.

Godrej Consumer Products is an excellent FMCG company. However, it is fairly priced at 48x earnings. One can expect compounding gains of 15 to 20% but not multibagger gains.
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