{"id":17795,"date":"2026-06-10T11:07:37","date_gmt":"2026-06-10T11:07:37","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=17795"},"modified":"2026-06-10T11:07:43","modified_gmt":"2026-06-10T11:07:43","slug":"bonus-scalping-in-indian-stocks","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/bonus-scalping-in-indian-stocks\/","title":{"rendered":"Bonus Issues in Indian Stocks: Market Patterns and Investor Considerations"},"content":{"rendered":"<ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-what-is-bonus-scalping-3\">What is Bonus Scalping?<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-the-price-journey-six-phases-of-a-bonus-event-10\">The Price Journey: Six Phases of a Bonus Event<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-two-tradeable-windows-and-which-one-works-14\">Two Tradeable Windows \u2014 And Which One Works<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-real-examples-from-nifty-100-stocks-21\">Real Examples from Nifty 100 Stocks<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-the-tax-picture-what-really-happens-25\">The Tax Picture \u2014 What Really Happens<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-the-risks-no-one-talks-about-31\">The Risks No One Talks About<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-the-framework-when-to-act-42\">The Framework: When to Act<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-the-bigger-picture-what-bonus-issues-actually-signal-45\">The Bigger Picture: What Bonus Issues Actually Signal<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-conclusion-strategy-not-speculation-51\">Conclusion: Strategy, Not Speculation<\/a><\/li><\/ul>\n\n\n<p class=\"wp-block-paragraph\">A practical, data-backed guide for Indian equity investors!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every time a major company announces a bonus issue, social media lights up. \u201cBuy before the record date!\u201d \u201cFree shares!\u201d \u201cStock will double after bonus!\u201d The excitement is real \u2014 but is the strategy behind it sound?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article takes a hard look at bonus scalping \u2014 what it is, when it works, when it doesn\u2019t, and what Indian retail investors need to know before acting on bonus announcements.<\/p>\n\n\n\n<h2 id=\"aioseo-what-is-bonus-scalping-3\" class=\"wp-block-heading has-text-color has-link-color wp-elements-695a3e4ec773864ddd19cf882f3980bb\" style=\"color:#023368\">What is Bonus Scalping?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bonus scalping is a short-term trading strategy where an investor buys shares shortly after a bonus issue announcement, aiming to profit from the event-driven price movement \u2014 either the run-up before the record date, the post-ex-date recovery, or both. Unlike long-term investing, the bonus scalper is not particularly interested in the underlying business. The goal is to capture a specific, time-limited price move.<\/p>\n\n\n\n<h3 id=\"aioseo-how-a-bonus-issue-works-5\" class=\"wp-block-heading has-text-color has-link-color wp-elements-d196c02ef6ef2f9e86a67caa7cadea01\" style=\"color:#ec4d37\">How a Bonus Issue Works?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">When a company announces a bonus issue, it distributes additional shares to existing shareholders free of cost, funded from retained earnings or reserves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 A 1:1 bonus: you receive 1 extra share for every share you hold<br>\ud83d\udd39 A 2:1 bonus: you receive 2 extra shares for every share you hold<br>\ud83d\udd39 On the ex-bonus date, the stock price adjusts downward proportionally<\/p>\n\n\n\n<h3 id=\"aioseo-example-11-bonus-8\" class=\"wp-block-heading has-text-color has-link-color wp-elements-fd307518564907410a8841236e84b435\" style=\"color:#ec4d37\"><strong>Example: 1:1 Bonus<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A stock trading at \u20b91,000 before a 1:1 bonus will open at approximately \u20b9500 on the ex-date. You now hold 2 shares at \u20b9500 instead of 1 share at \u20b91,000. Total portfolio value is unchanged. This adjustment is purely mechanical \u2014 it is not a loss.<\/p>\n\n\n\n<h2 id=\"aioseo-the-price-journey-six-phases-of-a-bonus-event-10\" class=\"wp-block-heading has-text-color has-link-color wp-elements-2ff49e4fcd044f61e996ea9f8878308c\" style=\"color:#023368\">The Price Journey: Six Phases of a Bonus Event<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding how a stock typically behaves across the lifecycle of a bonus announcement is the foundation of any scalping strategy.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong>Phase<\/strong><\/td><td><strong>Description<\/strong><\/td><td><strong>Typical Move<\/strong><\/td><td><strong>Driver<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>Phase 1<\/strong><\/td><td>Announcement Day<\/td><td><strong>+3% to +6%<\/strong><\/td><td>News sentiment<\/td><\/tr><tr><td><strong>Phase 2<\/strong><\/td><td>Run-Up to Ex-Date (2\u20136 weeks)<\/td><td><strong>+5% to +10%<\/strong><\/td><td>Retail FOMO<\/td><\/tr><tr><td><strong>Phase 3<\/strong><\/td><td>Ex-Date Drop (1:1 bonus)<\/td><td><strong>~\u221250% (mechanical)<\/strong><\/td><td>Exchange adjustment<\/td><\/tr><tr><td><strong>Phase 4<\/strong><\/td><td>First 2 Weeks Post Ex-Date<\/td><td><strong>Volatile (\u22123% to \u22125%)<\/strong><\/td><td>Profit booking<\/td><\/tr><tr><td><strong>Phase 5<\/strong><\/td><td>Recovery: 2\u20138 Weeks<\/td><td><strong>+4% to +8% on adjusted price<\/strong><\/td><td>Fresh retail buying<\/td><\/tr><tr><td><strong>Phase 6<\/strong><\/td><td>3\u20136 Months<\/td><td><strong>Fundamentals driven<\/strong><\/td><td>Business performance<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key insight: <\/strong>The announcement day is where the majority of abnormal returns are concentrated. Some studies of BSE\/NSE-listed firms observed cumulative abnormal returns of approximately 5\u20136% in the 3-day window around the announcement, with the single largest jump on announcement day itself.<\/p>\n\n\n\n<h2 id=\"aioseo-two-tradeable-windows-and-which-one-works-14\" class=\"wp-block-heading has-text-color has-link-color wp-elements-1c83cd1ba864ffb46abe796b1e7f19ee\" style=\"color:#023368\">Two Tradeable Windows \u2014 And Which One Works<\/h2>\n\n\n\n<h3 id=\"aioseo-window-1-buy-on-announcement-sell-before-ex-date-15\" class=\"wp-block-heading has-text-color has-link-color wp-elements-62075cbb458ef73517789c1ac5117578\" style=\"color:#ec4d37\">Window 1: Buy on Announcement, Sell Before Ex-Date<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Historically, some stocks have shown price movements during this period, although outcomes vary significantly. Buy within hours of the announcement, capture the FOMO run-up, and sell before the price halves on ex-date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Typical Return: +5% to +10% over 2\u20136 weeks<br><\/strong>Price behaviour may vary depending on factors such as: <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u279c You buy within hours of announcement <br>\u279c Bonus ratio is generous (2:1 or 3:1) <br>\u279c Broader market is bullish <br>\u279c Company has clean fundamentals and earnings momentum<\/p>\n\n\n\n<h3 id=\"aioseo-window-2-hold-through-ex-date-sell-3060-days-later-18\" class=\"wp-block-heading has-text-color has-link-color wp-elements-e855c7912b3391e6648945fb24fac614\" style=\"color:#ec4d37\">Window 2: Hold Through Ex-Date, Sell 30\u201360 Days Later<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The \u201crecovery play\u201d \u2014 buying at or after the adjusted price and waiting for retail buying to push it back up. This window is far less reliable and depends heavily on business fundamentals, sector tailwinds, and fresh retail interest.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Verdict on Window 2<br><\/strong>Carries meaningful risk. Should not be treated as a systematic strategy. Reserve it for high-conviction, fundamentally strong companies only.<\/p>\n\n\n\n<a href=\"https:\/\/open.navia.co.in\/index-navia.php?utm_source=organic&#038;utm_medium=blog\" target=\"_blank\" style=\"display:flex; width:100%;\" ><img decoding=\"async\" src=\"https:\/\/d1l8l3rp33cdzs.cloudfront.net\/images\/naviacee\/Open-free-demat-account%20%28blog%29%20%281%29.gif\" width=\"80%\" \nheight=\"auto\"  style=\"border-radius:10px; margin:5px auto;\"\/><\/a>\n\n\n\n<h2 id=\"aioseo-real-examples-from-nifty-100-stocks-21\" class=\"wp-block-heading has-text-color has-link-color wp-elements-eb7d005ffce8aac7f918f723e508e80f\" style=\"color:#023368\">Real Examples from Nifty 100 Stocks<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The table below summarises price behaviour across eight major bonus events. Pre-run is measured from announcement date to ex-date. Post returns are on adjusted (post-bonus) price basis.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Company<\/strong><\/td><td><strong>Bonus Ratio<\/strong><\/td><td><strong>Pre-Run<\/strong><\/td><td><strong>1M Post<\/strong><\/td><td><strong>3M Post<\/strong><\/td><td><strong>Verdict<\/strong><\/td><\/tr><\/thead><tbody><tr><td>Varun Beverages<\/td><td>2:1 (2023)<\/td><td>~12%<\/td><td>+11.8%<\/td><td>+18.4%<\/td><td>\u2705 <strong>Strong<\/strong><\/td><\/tr><tr><td>Persistent Sys<\/td><td>1:1 (2023)<\/td><td>~8.5%<\/td><td>+8.5%<\/td><td>+14.2%<\/td><td>\u2705 <strong>Strong<\/strong><\/td><\/tr><tr><td>BEL<\/td><td>2:1 (2022)<\/td><td>~7%<\/td><td>+7.1%<\/td><td>+12.6%<\/td><td>\u2705 <strong>Strong<\/strong><\/td><\/tr><tr><td>Wipro<\/td><td>1:1 (Dec 2024)<\/td><td>~4%<\/td><td>+6.2%<\/td><td>+9.1%<\/td><td>\u2705 <strong>Moderate<\/strong><\/td><\/tr><tr><td>Bajaj Finance<\/td><td>1:1 (2023)<\/td><td>~5%<\/td><td>+4.3%<\/td><td>+0.9%<\/td><td>\u26a0\ufe0f <strong>Mixed<\/strong><\/td><\/tr><tr><td>Reliance<\/td><td>1:1 (Sep 2024)<\/td><td>~3%<\/td><td>+1.4%<\/td><td>\u22123.2%<\/td><td>\u274c <strong>Weak<\/strong><\/td><\/tr><tr><td>SRF Ltd<\/td><td>1:1 (2022)<\/td><td>~4%<\/td><td>+2.1%<\/td><td>\u22121.6%<\/td><td>\u274c <strong>Weak<\/strong><\/td><\/tr><tr><td>Wipro<\/td><td>1:3 (2019)<\/td><td>~2%<\/td><td>\u22122.8%<\/td><td>\u22125.4%<\/td><td>\u274c <strong>Poor<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Pattern that emerges: <\/strong>High-ratio bonuses (2:1) from companies with strong earnings momentum deliver across both windows. Low-ratio bonuses from stagnant companies fail on both counts. Big-name stocks (Reliance) are not automatically good plays \u2014 institutional ownership limits the retail-driven recovery.<\/p>\n\n\n\n<h2 id=\"aioseo-the-tax-picture-what-really-happens-25\" class=\"wp-block-heading has-text-color has-link-color wp-elements-c981f4be630d391a27cfca1ec7e037ed\" style=\"color:#023368\">The Tax Picture \u2014 What Really Happens<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This is the most misunderstood aspect of bonus scalping and the one that quietly destroys returns. Let us work through it properly. <\/p>\n\n\n\n<h3 id=\"aioseo-assumptions-27\" class=\"wp-block-heading has-text-color has-link-color wp-elements-fc7960a240cf5a69119afb9d5f1ce508\" style=\"color:#ec4d37\">Assumptions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u27a4 Buy 100 shares at \u20b91,080 pre-bonus (after the run-up) = \u20b91,08,000 invested<br>\u27a4 1:1 bonus allotted: you now hold 200 shares at adjusted price of \u20b9540<br>\u27a4 Post-bonus recovery of 7%: all shares now trading at \u20b9577.80<br>\u27a4 You sell all 200 shares within 12 months of bonus allotment<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Lot<\/strong><\/td><td><strong>Cost Basis<\/strong><\/td><td><strong>Sale Proceeds<\/strong><\/td><td><strong>Nature<\/strong><\/td><td><strong>Tax Impact<\/strong><\/td><\/tr><\/thead><tbody><tr><td>Original 100 shares<\/td><td>\u20b91,08,000<\/td><td>\u20b957,780<\/td><td>STCL<\/td><td>\u20b950,220 loss<\/td><\/tr><tr><td>Bonus 100 shares<\/td><td>\u20b90 (nil cost)<\/td><td>\u20b957,780<\/td><td>STCG<\/td><td>\u20b957,780 gain<\/td><\/tr><tr><td><strong>Net position after set-off<\/strong><\/td><td>\u2014<\/td><td>\u2014<\/td><td><strong>Net STCG<\/strong><\/td><td>\u20b9<strong>7,560<\/strong><\/td><\/tr><tr><td><strong>STCG Tax @ 20%<\/strong><\/td><td>\u2014<\/td><td>\u2014<\/td><td>\u2014<\/td><td>\u20b9<strong>1,512<\/strong><\/td><\/tr><tr><td><strong>Net real return on \u20b91,08,000<\/strong><\/td><td>\u2014<\/td><td>\u2014<\/td><td>\u2014<\/td><td><strong>~4.7%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Conclusion: Real post-tax return \u2248 4.7%<\/strong> (Actual tax outcomes may vary depending on holding period, applicable tax rules, and individual circumstances)<strong><br><\/strong>A 7% post-bonus recovery on adjusted price translates to approximately 4.7% real return after tax. The STCL on original shares (cost \u20b91,080, sale \u20b9577.80 = \u20b950,220 loss) can be set off against the STCG on bonus shares (\u20b957,780), reducing net taxable gain to just \u20b97,560.<\/p>\n\n\n\n<h2 id=\"aioseo-the-risks-no-one-talks-about-31\" class=\"wp-block-heading has-text-color has-link-color wp-elements-2f2ba141f2bce3d7d97ae7672d21b084\" style=\"color:#023368\">The Risks No One Talks About<\/h2>\n\n\n\n<h3 id=\"aioseo-1-the-announcement-day-trap-32\" class=\"wp-block-heading has-text-color has-link-color wp-elements-4d48c80e5fe498d5c7a51abcf39ee5f3\" style=\"color:#ec4d37\">The Announcement Day Trap<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">By the time most retail investors hear about a bonus announcement, the stock has already jumped 3\u20135%. Buying at that elevated price leaves very little remaining run-up before the record date \u2014 often just 2\u20134% gross before brokerage and taxes.<\/p>\n\n\n\n<h3 id=\"aioseo-2-the-already-run-up-problem-34\" class=\"wp-block-heading has-text-color has-link-color wp-elements-cecaa616996cad3d1d0ff602ebcd500a\" style=\"color:#ec4d37\">The \u2018Already Run Up\u2019 Problem<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Academic research confirms that stocks begin their abnormal price run-up before the formal announcement. Institutional investors and insiders often position ahead of the news. The filing on BSE\/NSE may already reflect a stock up 5\u20138%.<\/p>\n\n\n\n<h3 id=\"aioseo-3-market-timing-risk-36\" class=\"wp-block-heading has-text-color has-link-color wp-elements-eadf012b377f9b7e3182cbf22b0a714d\" style=\"color:#ec4d37\">Market Timing Risk<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A bonus play that looks perfect in isolation can be wiped out by a broader market correction. A 5% Nifty correction during your holding window eliminates the entire bonus run-up. You have no control over this.<\/p>\n\n\n\n<h3 id=\"aioseo-4-the-weak-fundamentals-trap-38\" class=\"wp-block-heading has-text-color has-link-color wp-elements-5c39a8c72ff10a705de1b32ef9b889f7\" style=\"color:#ec4d37\">The Weak Fundamentals Trap<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Post-bonus recovery only reliably works when the underlying company has earnings momentum and sector tailwinds. Buying a weak company\u2019s bonus to \u201cget free shares\u201d is one of the most common retail mistakes in Indian markets. The Wipro 2019 (1:3 ratio) and Reliance 2024 examples above illustrate this clearly.<\/p>\n\n\n\n<h3 id=\"aioseo-5-low-float-psu-problem-40\" class=\"wp-block-heading has-text-color has-link-color wp-elements-f8d241b52d55f0f0b5d1710913eec1dc\" style=\"color:#ec4d37\">Low-Float PSU Problem<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Large PSUs where the government holds 70\u201390%+ of shares have thin public float. Even after a bonus doubles the share count, tradeable float remains limited \u2014 dampening the liquidity-driven price recovery that makes bonus plays work in widely-held companies.<\/p>\n\n\n\n<h2 id=\"aioseo-the-framework-when-to-act-42\" class=\"wp-block-heading has-text-color has-link-color wp-elements-9fd0734f791ac3b22ee4e6e26af92276\" style=\"color:#023368\">The Framework: When to Act<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Use this checklist before trading any bonus event:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td>\u2705 <strong>Green Flags \u2014 Proceed<\/strong><\/td><td>\ud83d\udea9 <strong>Red Flags \u2014 Stay Out<\/strong><\/td><\/tr><\/thead><tbody><tr><td>\u2022 You can buy within hours of the announcement (not days)<\/td><td>\u2022 Announcement was made more than 3\u20134 days ago and stock has already run up<\/td><\/tr><tr><td>\u2022 Bonus ratio is 2:1 or higher<\/td><td>\u2022 Bonus ratio is stingy (1:2 or 1:3)<\/td><\/tr><tr><td>\u2022 Company has consistent earnings growth for 2\u20134 quarters<\/td><td>\u2022 Company has weak or declining earnings<\/td><\/tr><tr><td>\u2022 Stock is NOT near a 52-week high<\/td><td>\u2022 Stock has underperformed its sector for 6+ months<\/td><\/tr><tr><td>\u2022 Sector is in a bullish phase<\/td><td>\u2022 Planning to hold only through ex-date and sell within 12 months (tax trap)<\/td><\/tr><tr><td>\u2022 Broader Nifty\/Sensex trend is positive<\/td><td>\u2022 Broader market in a downtrend<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"aioseo-the-bigger-picture-what-bonus-issues-actually-signal-45\" class=\"wp-block-heading has-text-color has-link-color wp-elements-de901c503c0c193e76866865434c612b\" style=\"color:#023368\">The Bigger Picture: What Bonus Issues Actually Signal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A bonus issue is not charity. Companies do it because:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd38 They are confident in future earnings. Doubling the paid-up capital means future dividends are paid on twice the share base. Only a company confident in sustaining earnings growth would do this willingly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd38 They want to improve liquidity. A \u20b92,000 stock becomes a \u20b91,000 stock after a 1:1 bonus, accessible to a far wider retail investor base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd38 They are signalling health. Historical market observations suggest that companies with genuine earnings momentum disproportionately announce bonus issues. Distressed companies do not.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For long-term investors, a bonus issue from a quality company is therefore a genuine positive signal worth noting \u2014 not primarily as a scalping trigger, but as confirmation that management is confident about the future.<\/p>\n\n\n\n<h2 id=\"aioseo-conclusion-strategy-not-speculation-51\" class=\"wp-block-heading has-text-color has-link-color wp-elements-ae1672210931b1881a9ecf58650219bb\" style=\"color:#023368\">Conclusion: Strategy, Not Speculation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bonus scalping is real, has a documented edge, and has rewarded disciplined investors in Indian markets. But it is narrow, timing-sensitive, tax-complicated, and heavily dependent on business quality.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The single most important rule<br><\/strong>Market reactions often occur shortly after announcements, although outcomes differ across securities. Everything after that is increasingly marginal. If you missed the first few hours after the bonus announcement, the easy money is gone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For most retail investors, the smarter approach is to use bonus announcements as a screening tool \u2014 to identify quality companies with confident management, strong earnings momentum, and improving liquidity \u2014 and hold them for 6\u201312 months, not 6\u201312 days. Bonus scalping is not a shortcut to quick profits. But understood correctly, it is a useful and legitimate addition to the toolkit of any serious Indian equity investor.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-8f761849 wp-block-group-is-layout-flex\">\n<p class=\"wp-block-paragraph\">We\u2019d Love to Hear from you-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png\" alt=\"feedback yes or no button\" class=\"wp-image-8901\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DISCLAIMER:<\/strong>\u00a0<strong>Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer:\u00a0<a href=\"https:\/\/bit.ly\/naviadisclaimer\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong>.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A practical, data-backed guide for Indian equity investors! Every time a major company announces a bonus issue, social media lights up. \u201cBuy before the record date!\u201d \u201cFree shares!\u201d \u201cStock will double after bonus!\u201d The excitement is real \u2014 but is the strategy behind it sound? This article takes a hard look at bonus scalping \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[250],"tags":[1138,11,7,1139,21,53,32],"class_list":["post-17795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-category","tag-bonus-scalping","tag-financial-goals","tag-indian-stock-markets","tag-indian-stocks","tag-investments","tag-marketperformance","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/06\/bonu.jpeg","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/17795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=17795"}],"version-history":[{"count":11,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/17795\/revisions"}],"predecessor-version":[{"id":17806,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/17795\/revisions\/17806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/17807"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=17795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=17795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=17795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}