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After bonus issues share price will be adjusted accordinly!! Nothing much really! I prefer higher dividend and introduce attractive DRP to benefit the minority shareholders.
I would prefer higher or special dividend. Bonus issue is nothing to shout about after all the price will be adjusted accordingly. KS should increase their dividend pay out rate to 40% to attarct fund managers and instution investors. KS 's DY is only 2.5%!!! I think there is a possibility KS may go for privatization so share price lower is better to SOME!!