ITC has declared bonus shares and the price has adjusted and it is showing as loss currently in my demat account. Struggling to understand this. Can anyone help ?
You will get your bonus shares for free of cost if eligible than your demat shares balance will increase accordingly. But it takes minimum 5 working days.
Extend of today loss is equal to the bonus issue only
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Dear friend news update on bonus issue
http://www.equitybulls.com/admin/news2006/news_det.asp?id=189177
From today 4 to 5 working days depending on brokerage firm you will get credit on your bonus shares if eligible.
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