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Reliance Share Price Today: Today, Reliance shares have opened 49.61 percent down. Today, Monday, is the ex-date for the bonus issue of Reliance Industries Limited (RIL) shares. Due to this, there has been an adjustment in its share price. The highest-valued stock on the stock exchanges opened at Rs 1,338, which is 49.61 percent lower than Friday's closing price of Rs 2,655.45. After the adjustment, the stock price fell by 0.10 percent. At around 9:45 am, it slipped by Rs 1.30 or 0.10 percent to Rs 1326.45 on the BSE .
How many free bonus shares will you get?
Due to the free bonus shares, the number of shares held by Reliance's 35 lakh shareholders has doubled. Let us tell you that due to the bonus issue, the number of shares held by the shareholders doubled. That is, if someone has 100 shares of Reliance, he will have got an additional 100 shares, as a result of which he will have a total of 200 shares.
The share price is halved.
Due to getting free shares under the bonus share issue, the market value of the share also gets reduced to half. This is what happened in the case of Reliance as well. That is, if seen, the shareholders do not get any benefit. Because the share price gets adjusted in the same ratio in which they get free shares.
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