2 Stocks To Trade Ex-Bonus Next Week: Do You Own Any?

The two stocks that will trade ex-bonus next week are Taparia Tools and Aptech. Any investor who buys stocks after the ex-date will not be eligible for bonus shares since only shareholders who purchased shares before the record date and ex-date are entitled to get bonus shares. Instead of paying dividends to its shareholders, a corporation may offer bonus shares, which are free shares. As a result, existing shareholders of an organisation who announces a bonus share receive additional shares depending on their current shareholding. For instance, if a firm declares a 1:1 bonus share, you as a shareholder will receive an additional share for each share you already own in the company.

Aptech

Aptech is a small cap company that deals in the education sector. The company has declared bonus shares in the proportion of 2:5 or 2 equity Shares of Rs. 10/- each for 5 existing equity shares of Rs. 10/- each fully paid up held as on the record date.
The company has fixed Friday, July 14, 2023 as the record date for the purpose of determining the list of equity shareholders of the company for the allotment of bonus equity shares.

On Friday, the shares of Aptech opened on the BSE at Rs 502 apiece and clocked an intraday low of Rs 497.10 and an intraday high of Rs 506 during the morning deals. The stock made a 52-week-high of Rs 591.85 on (30/05/2023) and a 52-week-low of Rs 218.40 on (12/07/2022), indicating that at the current market price of Rs 498 the stock is trading 15.85% below the 1 year high and 128.02% above the 1 year low.

The company reported a net profit of Rs 181.47 Cr in March 2023 quarter up by 170.88% YoY from Rs 66.99 Cr recorded in March 2022 quarter. Its net profit reached Rs 33.35 Cr during Q4FY23 up by 30.55% YoY from Rs 25.54 Cr in Q4FY22. Aptech is yet to declare its Q1FY24 results.

During Q4FY23, the company reported promoter shareholding of 47.37%, FIIs stake of 7.57%, DIIs stake of 1.22% and public stake of 43.85%.

Taparia Tools

Taparia Tools is a micro cap company that deals in the metal sector. The company has declared bonus shares in the proportion of 4:1, which means the eligible shareholders will get 4 additional shares each for 1 existing equity share as on the record date.
The company has fixed 11th July, 2023 as the "Record Date ", for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares.

The last traded price of Taparia Tools was seen on 26 June 23, at Rs 10.50 apiece. The stock made a 52-week-high of Rs 12.14 on (13/07/2022) and a 52-week-low of Rs 10.50 on (24/02/2023).

The company reported a net sales of Rs 194.88 crore in March 2023 quarter up by 6.41% from Rs. 183.14 crore in March 2022 quarter. Its net profit was Rs. 17.83 crore in Q4FY23 down by 10.62% from Rs. 19.95 crore recorded in Q4FY22. The EPS of Taparia Tools dropped from Rs. 65.72 in March 2022 to Rs. 58.75 in March 2023. The company is yet to release its Q1FY24 earnings.
During Q4FY23, the company promoter shareholding of 69.72%, and public stake of 30.29%.