6 stocks to buy next week to receive bonus stocks

Bajaj Finserv

Bajaj Finserv is a large cap stock; it is a holding company for many Bajaj Group financial services companies. The company serves millions of customers by providing family and income protection through life and health insurance, asset acquisition through financing and many other services.

The market capitalization of the stock is Rs. 274,054 Crore with a current market price of Rs. 17,206. The stock will give away the free shares at a ratio of 1:1 which means you will get 1 bonus share for ownership of each share.

Gail Ltd

Gail Ltd

Gail is a company in the Government of India Enterprise; it is an integrated natural gas company in India. The company owns more than 2,300 km of LPG pipelines, 11,500 km of natural gas pipelines, six LPG gas processing units and a petrochemical plant.

The market capitalization of the stock is Rs. 60,754 Crore with a current market price of Rs. 92.4. The stock will give the free shares in a ratio of 1:2, which means you will get 1 bonus share for owning 2 shares.

REC Ltd

REC Ltd

REC Ltd is a company that deals with the central public sector of the Ministry of Electricity and finances projects along the value chain of the electricity sector, from generation to distribution.

The market capitalization of the stock is Rs. 27,741 Crore, with a current market price of Rs. 105. The stock will give away the free shares at a ratio of 1:3, which means you will get 1 bonus share for owning 3 shares.

Sonata Software Limited

Sonata Software Limited

Sonata Software Limited is a multinational company that provides information technology consulting, solutions and services to many customers around the world. The company’s customer base includes the United States of America, the Middle East, Australia, Europe and India.

The market capitalization of the stock is Rs. 8,209 Crore, with a current market price of Rs. 586. The stock will give away the free shares at a ratio of 1:3, which means you will get 1 bonus share for owning 3 shares.

ANG Lifesciences India Limited

ANG Lifesciences India Limited

ANG Lifesciences India Limited is involved in the marketing and manufacturing of complete pharmaceutical formulations in the dosage form of sterile dry powder injection vials.
The market capitalization of the stock is Rs. 232 Crore, with a current market price of Rs. 179. The stock will give away the free shares at a ratio of 1:4, which means you will get 1 bonus share for possession of 4 shares.

Oxides and Chemicals Pondy Ltd

Oxides and Chemicals Pondy Ltd

The main activity of the company consists in transforming scrap lead in many forms into metal alloys and lead. The company uses waste lead-acid batteries to produce secondary lead metal, which is transformed into specific lead and pure lead alloys. It is also involved in the production of zinc oxide and zinc metal.

The market capitalization of the stock is Rs. 617 Crore, with a current market price of Rs. 1,061. The stock will give away the free shares at a ratio of 1:1, which means you will get 1 bonus share for ownership of each share.

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