Bengaluru, Sept. 6 -- A bonus share is an additional share allotted free of cost to existing shareholders in proportion to their current holdings. It allows companies to reward investors without cash payouts, typically issued from profits or reserves.

Recently, many companies have announced bonus shares, showcasing financial stability and confidence in future growth and attracting stronger investor interest.

1. Hamps Bio Limited With a market capitalization of Rs. 26.14 crore, the shares of Hamps Bio Limited were currently trading at Rs. 60 per equity share, rising nearly 1.97 percent from its previous day's close price of Rs. 58.84.

The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share fo...