Hi VP Members,
I would seek some insights from members, which somehow I find fuzzy here:
a) NPST just announced the bonus, with an exdate of 2nd Feb – Until 1st Feb end of day, the share prices were volatile, no where coming close to upper circuits. Given that this is on trade to trade basis, I was attributing this to CMP already factoring the upcoming bonus.
However, on 2nd Feb, it hit upper circuit – does this sound fuzzy by any chance ? Happy to take thoughts, it would equally help add to collective wisdom
b) On ex-date, the lot size went from 100 to 300 (cos of bonus of 2:!) – In this case as well, on 2nd feb, there is a volume of around 10k in this stock, how can this be possible !?
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