Bond Baba Is Looking At Stocks, But Why? (Bonus Stripping)

Bond Baba notes that if you own HPCL shares on September 13, 2016 you will get 2 shares for every share you own as a "bonus". Why should Bond Baba care? It's shares of HPCL, not the bonds. But there's always a reason, like all Babas love to say. This time there's one answer: taxes and bonus stripping.
To access this content, you must purchase Capitalmind Premium – 3 Months or Capitalmind Premium – 1 Year, or log in if you are a member.
Get Capitalmind Premium