blil consolidating from a long time read description tgt 800++

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its been around 484 from along time
it went to 540 and got corrected
blil usually in normal market conditions or bad market conditions or good market conditions it does not move much
but its gives dividend of fd return after tax cut off
it gives dividend around 35-40 rupees per share and is increasing dividend year on year
and another interesting thing is that it increased its annualised capital so it can give bonus or split or both
i am expecting to give bonous or split along with declaring dividend
it need to declare dividend date soon i think they will declare bonous along with it too this is just my expectation so expecting 800++
if it declares both bonous and split it might rally to 1600 also if declares both!!'
so however you will get fd return and share appreciation year on year and lucky if get bonous or split i am expecting to declare bonous as tecnically pattern is also formed
and fundamentally good so may try their luck to catch the jackpot
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
risk - usually stock corrects after giving dividend may reinvest dividend or average after dividend would be beneficial or just sell before dividend and accumulate
after dividend incase of low funds
i am expecting by this dividend time they declare some thing
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Note
result on 29 th along with agm
Note
must see if they will declare any bonous or split
Note
results on 10 th august not 29 th of this month my mistake
Note
no updates regarding split or bonous in todays agm 38 rupees dividend
ex date by - sept 21st ex-date,however stock might correct upto 400 after exdate (caution) good to accumulate there if wanted ,,but this stock is a defence stock even if market correction happens and gives more than fd return
Note
blil refer new most recent idea this idea closed but continuation find on new idea extended trendlines so posting again
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