2006-06-27 20:06:55 · 3 answers · asked by Anonymous in Local Businesses ➔ India ➔ Delhi or NCR
The companies under statutory obligation have to fix and announce dates beforehand for the benefit of all its stakeholders, for the benefits that they have to give. These benefits could be dividends, rights issue, bonus issue, warrants etc. Before the expiry of thses dates, the shares normally carry in their market price the market determined value of such benefits. The moment these respective dates are over, the price fall by that value of the benefit in the market for the corresponding shares. And in the market language, while speaking about the price of any particular share in relation to that announced benefit is called "cumdate" or "ex-date" price.
2006-06-27 20:30:52 · answer #1 · answered by helpaneed 7 · 0⤊ 0⤋
Are you asking about a "ex-dividend dates to get shares" as it applies to Investments?
I'm sorry, but having trouble understand the question.
2006-06-27 20:10:40 · answer #2 · answered by Raynanne 5 · 0⤊ 0⤋
exchange date
2006-06-27 20:09:24 · answer #3 · answered by catsup 4 · 0⤊ 0⤋