Latest Article By Alpha2Sigma

  Bajaj Finserv up ~4%, To Consider Stock Split and Bonus Shares Issue JUL 26, 2022    1 MIN READ Last Updated on Jul 27, 2022, by Manish Thole Bajaj Finserv’s board will convene on 28th July 2022, Thursday, to consider the proposal of a stock split of equity shares and the issue of bonus shares. The shares considered for the stock split have a face value of Rs. 5 each. On the same day, the board of directors will also consider and approve the unaudited financial results for the Q2 FY 2023. After the announcement, Bajaj Finserv’s stock price surged over 4% to Rs. 13,181 apiece on BSE on Tuesday. Bajaj Finserv will inform the board of directors’ decision to the stock exchanges on the same day. The aforesaid proposals are also subject to the approval of the shareholders. A stock split means an outstanding equity share is split to increase the total number of shares issued. While this reduces the market price of each share, it doesn’t alter a company’s...

  Top 10 Dividend-Yielding Stock Picks in a Bear Market by Alpha2Sigma Last Updated on July 15, 2022 by Manish Thole Dividend Stock Markets are currently volatile, with bears gripping them. The macroeconomic risks are not boosting investor confidence either. While a Bear Market gives opportunities to pick the right stocks for future gains, adopting a dividend-yielding strategy in such a market works well, says Alpha2Sigma, citing historical data. As per the broker, high dividend-yielding companies are typically mature, limiting the reinvestment scope. Such stocks generally belong to defensive sector companies, which tend to weather volatility and economic downturn better than cyclical sectors. The broker says that Dividend-yielding stocks should not be considered as a means to maximize returns but to generate regular income and protect your portfolio in market downturns. Here are 10 stocks with a dividend yield of 3.00% and above as per Alpha2Sigma. 1. REC REC is a government-run p...