Samvardhana Motherson International:
Since 1990, the company has issued bonuses to shareholders ten times. Interestingly, out of 10, the ratio has been 1:2 all the time.
Wipro:
Since 1990, the company has issued shares to its shareholders eight times. The majority of the time, the company offered bonus shares in the ratio of 1:1 while in the years 1997, 2004, 2010 & 2019, it offered bonus shares in the ratio of 2:1, 2:1, 2:3, and 1:3.
Infosys:
The IT major Infosys issued bonus shares eight times since 1990 and interestingly, on every occasion, the ratio has been 1:1.
Indian Oil Corporation:
Since 1990, the company issued bonus to shareholders seven times. The recent one was announced in the month of May 2022 in the ratio of 1:2.
ITC:
Since 1990, the company issued bonus to shareholders five times. The last one was recommended in the year 2016. It has been almost six years since the company recommended a bonus (its due since long). Meanwhile, we expect some corporate action in this stock in the medium term.
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