Long-term investors can purchase additional shares in right issue at lower than current market price and hold the stocks.
From short-term investment prospective, one can sell the rights entitlement.
Alternatively, the rights may be allowed to lapse.
If a company is not in growth phase, rights issue tends to lower earnings per share and dividend yield. In such a scenario, offering rights (or public issue, for that matter) may not be a prudent course of action.
|Company Name||Premium||Ratio||Book Closures Date||Ex Right Date||Details|
|J & N FIN.SERV.||25||13/Mar/1995||10/Feb/1995|
|J B CHEM & PHARM||70||10/Jul/1996||10/Jun/1996|
|JAMSH. RANJI. SP||0||11/Feb/2009||04/Feb/2009|
|JK TYRE & INDUST||75||14/Jul/2008||07/Jul/2008|
Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 999 for Unlimited Trading
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
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