What to watch. Godrej Consumer, Kitex to turn ex-bonus

Shares of Godrej Consumer Products and Kitex Garments will remain in focus as they turn ex-bonus on Thursday. While the former has declared a 1:1 bonus issue, the latter is rewarding its shareholders with two bonus shares for every five held in the company. Investors wishing to receive the bonus shares from the companies have to buy them by Wednesday to enter into their record books. This is the maiden bonus issue from both the companies.