Stock split kya hai, bonus shares kya hai, buyback kya hai — complete Hindi guide Indian investors ke liye.
Published by The Retail Trader · AUG 16, 2026 · Features
Stock split kya hai, bonus shares kya hai, buyback kya hai — complete Hindi guide Indian investors ke liye.
Stock split mein company apne shares ko multiple shares mein tod deti hai. Price kam hota hai, quantity badhti hai, but total value same rehti hai.
Example:
• Tumhare paas 10 shares @ ₹10,000 = ₹1,00,000
• 1:10 split → 100 shares @ ₹1,000 = ₹1,00,000
Why companies do it:
• Price accessible banaana (retail investors ke liye)
• Liquidity badhana
Bonus shares mein company free shares deti hai existing shareholders ko. Extra paisa nahi lagta.
Example:
• Tumhare paas 100 shares hai
• 1:1 bonus → Ab 200 shares ho jaate hain
• Price adjust hota hai (half ho jaata hai)
• Total value SAME rehti hai
Why companies do it:
• Reward shareholders without cash outflow
• Retained earnings distribute karna
Buyback mein company apne khud ke shares khareedti hai public se. Shares company ke paas jaate hain aur cancel ho jaate hain.
Types:
• Tender offer — Company fixed price pe buy karti hai
• Open market — Company market se buy karti hai
Why companies do it:
• Share price support karna
• EPS badhana (kam shares = higher EPS)
• Excess cash return karna
Ye teen baatein dhyaan mein rakho:
• Stock Split — Share Price: ↓, Quantity: ↑, Total Value: Same, EPS: Same
• Bonus — Share Price: ↓, Quantity: ↑, Total Value: Same, EPS: Adjusted
• Buyback — Share Price: ↑ Support, Quantity: ↓, Total Value: Variable, EPS: ↑ Badhta hai
Ye teen baatein dhyaan mein rakho:
• 10 shares @ ₹10,000 — 100 shares @ ₹1,000
• Total: ₹1,00,000 — Total: ₹1,00,000
• EPS: ₹500 — EPS: ₹50
Ye do baatein dhyaan mein rakho:
• 100 shares @ ₹500 — 200 shares @ ₹250
• Total: ₹50,000 — Total: ₹50,000
Ye teen baatein dhyaan mein rakho:
• Stock Split — Tax Event?: No, When Taxed: When you sell
• Bonus — Tax Event?: No (allotment pe), When Taxed: When you sell
• Buyback — Tax Event?: Yes, When Taxed: On buyback amount
Buyback tax: 10% on listed companies (if tender offer).
Ye baatein dhyaan mein rakho:
• 📌 CORPORATE ACTIONS
• STOCK SPLIT:
• 📊 Shares split → Price drops, quantity rises
• 📊 Total value SAME
• 📊 1:10 split: 10 shares @ ₹10K → 100 shares @ ₹1K
• BONUS SHARES:
• 📊 FREE shares to existing holders
• 📊 Price adjusts, quantity doubles (1:1)
• 📊 Total value SAME
• 📊 No extra investment needed
• BUYBACK:
• 📊 Company buys back its own shares
• 📊 Supports price, increases EPS
• 📊 Two types: Tender offer, Open market
• 📊 Taxable (10% on listed companies)
• WHY IT MATTERS:
• 📊 Split → More accessible price → More buyers
• 📊 Bonus → Free reward → Loyalty signal
• 📊 Buyback → Company thinks stock is undervalued
Ye baatein dhyaan mein rakho:
• EPS Kya Hai? | Share Market Kya Hai? | How to Analyze a Stock
The Retail Trader — educational market analysis. Not investment advice.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.