jump in the shares of Bajaj Finserv, know what is the reason…
The domestic stock market has remained bullish for the fourth consecutive day today. Due to positive sentiments, NSE's Nifty has managed to cross the 18 thousand mark for the first time since April 5. Sensex is also trading above the 60,500 mark. Shares of Bajaj Finserv saw a jump of up to 8 percent during the day's trading. In fact, after the announcement of the bonus share or split, the stock of Bajaj Finserv had seen a significant rise. That's why the shares of Bajaj Finserv increased Let us inform that Bajaj Finserv had announced the split of its equity shares in the ratio of 5:1. This means that for every share of face value of Rs 5 in the company, the shareholders will get five shares of face value of Rs 1. Along with splitting the shares, the company had announced to issue bonus equity shares in the ratio of 1:1. This means that the shareholders of the company will get one share as bonus share for each share held. On Tuesday, at 12:51 pm, the share of Bajaj