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Investors have one last chance to buy HDFC Bank shares for the 1:1 bonus issue. August 26 is the record date for eligibility. This is HDFC Banks first ever bonus issue. Shareholders will get one share for each share they own. The bank reported a 12% rise in net profit for Q1FY26. Interest income and net interest income also increased.
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Karur Vysya Bank rewarded shareholders with a 1:5 bonus issue. The bank fixed August 26 as the record date for bonus share eligibility. Investors holding shares on that date qualified. This move reflected confidence and enhanced shareholder value. Bonus issues increased outstanding shares but reduced the stock price. Karur Vysya Bank shares closed flat at Rs 258.25 on the BSE.
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News and Media
Gold prices experienced a slight decrease as the dollar strengthened, yet dovish signals from Federal Reserve Chair Jerome Powell, hinting at potential U.S. interest rate cuts, provided support. Asian share markets rallied on the prospect of renewed rate cuts. Investors are now awaiting U.S. personal consumption prices data, while physical gold demand in Asia remains subdued.
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News and Media
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