{"id":151406,"date":"2026-07-15T15:03:40","date_gmt":"2026-07-15T09:33:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=151406"},"modified":"2026-07-15T15:03:42","modified_gmt":"2026-07-15T09:33:42","slug":"psu-stocks-upcoming-bonus-issue-potential-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/","title":{"rendered":"PSU Stocks With Upcoming Bonus Issue Potential in 2026"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Coal India CMP Rs 428.50, payout ratio 47%. PFC CMP Rs 406.50, PE 5.18, prior 1:1 bonus in 2016. IRCTC CMP Rs 509.05.<\/em><\/p>\n<p>Coal India, Power Finance Corporation and IRCTC are among the PSU stocks with upcoming bonus issue potential, each carrying substantial free reserves and consistent profitability that could support a future bonus share issuance, based on historical patterns and current balance sheet strength.<\/p>\n<p>While no company can guarantee a future bonus issue, PSU stocks with upcoming bonus issue potential typically share common characteristics: strong free reserve accumulation, consistent profit growth, and in some cases, a prior history of rewarding shareholders through similar corporate actions.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=psu-bonus-issue-potential-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>This article examines Coal India, PFC and IRCTC as PSU stocks with upcoming bonus issue potential, covering the balance sheet indicators that support this possibility and the risks of speculating on corporate actions.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#What_Indicates_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"What Indicates PSU Stocks With Upcoming Bonus Issue Potential\">What Indicates PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Why_These_PSU_Stocks_Show_Bonus_Issue_Potential\" title=\"Why These PSU Stocks Show Bonus Issue Potential\">Why These PSU Stocks Show Bonus Issue Potential<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Coal_India_A_Repeated_Bonus_Issue_History\" title=\"Coal India: A Repeated Bonus Issue History\">Coal India: A Repeated Bonus Issue History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#PFC_Reserve_Strength_Post-Merger_Approval\" title=\"PFC: Reserve Strength Post-Merger Approval\">PFC: Reserve Strength Post-Merger Approval<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#IRCTC_High-Margin_Reserve_Accumulation\" title=\"IRCTC: High-Margin Reserve Accumulation\">IRCTC: High-Margin Reserve Accumulation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Factors_Affecting_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"Factors Affecting PSU Stocks With Upcoming Bonus Issue Potential\">Factors Affecting PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Benefits_of_Tracking_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"Benefits of Tracking PSU Stocks With Upcoming Bonus Issue Potential\">Benefits of Tracking PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Risks_of_Speculating_on_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"Risks of Speculating on PSU Stocks With Upcoming Bonus Issue Potential\">Risks of Speculating on PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#How_to_Evaluate_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"How to Evaluate PSU Stocks With Upcoming Bonus Issue Potential\">How to Evaluate PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#How_to_Invest_in_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\" title=\"How to Invest in PSU Stocks With Upcoming Bonus Issue Potential\">How to Invest in PSU Stocks With Upcoming Bonus Issue Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Which_PSU_stocks_have_upcoming_bonus_issue_potential\" title=\"Which PSU stocks have upcoming bonus issue potential?\">Which PSU stocks have upcoming bonus issue potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Has_PFC_issued_bonus_shares_before\" title=\"Has PFC issued bonus shares before?\">Has PFC issued bonus shares before?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Does_Coal_India_have_a_history_of_bonus_issues\" title=\"Does Coal India have a history of bonus issues?\">Does Coal India have a history of bonus issues?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Is_bonus_issue_potential_a_guarantee_of_an_actual_bonus_issue\" title=\"Is bonus issue potential a guarantee of an actual bonus issue?\">Is bonus issue potential a guarantee of an actual bonus issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Why_does_IRCTC_show_bonus_issue_potential_despite_no_recent_history\" title=\"Why does IRCTC show bonus issue potential despite no recent history?\">Why does IRCTC show bonus issue potential despite no recent history?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-upcoming-bonus-issue-potential-2026\/#Should_investors_buy_PSU_stocks_purely_for_bonus_issue_speculation\" title=\"Should investors buy PSU stocks purely for bonus issue speculation?\">Should investors buy PSU stocks purely for bonus issue speculation?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Indicates_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>What Indicates PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PSU stocks with upcoming bonus issue potential are companies whose balance sheets show substantial accumulated free reserves relative to paid-up capital, combined with consistent profitability, both prerequisites a board typically considers before approving a bonus share issuance.<\/p>\n<p>A prior history of bonus issues can also signal a company&#8217;s willingness to use this mechanism again, though this is not a guarantee, since bonus issue timing ultimately depends on board discretion and specific reserve levels at any given point.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_PSU_Stocks_Show_Bonus_Issue_Potential\"><\/span><strong>Why These PSU Stocks Show Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Coal India, PFC and IRCTC each combine strong reserve positions with consistent profit growth, making them frequently discussed as PSU stocks with upcoming bonus issue potential among investors tracking corporate action possibilities.<\/p>\n<ul>\n<li><strong>Strong free reserve accumulation:<\/strong> PSU stocks with upcoming bonus issue potential build substantial free reserves through consistent annual profitability.<\/li>\n<li><strong>Prior bonus issue history:<\/strong> PFC has a documented history of a 1:1 bonus issue in 2016, indicating past willingness to use this mechanism.<\/li>\n<li><strong>High payout ratios already in place:<\/strong> Coal India&#8217;s 47 percent payout ratio demonstrates board comfort with rewarding shareholders generously.<\/li>\n<li><strong>Consistent profit growth trajectory:<\/strong> IRCTC&#8217;s asset-light, high-margin business model continues generating strong annual profit growth supporting reserve buildup.<\/li>\n<\/ul>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Payout Ratio\/History<\/th>\n<th>Bonus Issue Indicator<\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/coalindia\/coal-india-ltd-share-price-today\">Coal India Ltd<\/a><\/td>\n<td>428.50<\/td>\n<td>47% payout ratio<\/td>\n<td>Multiple historical bonus issues<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/pfc\/power-finance-corporation-ltd-share-price-today\">Power Finance Corporation<\/a><\/td>\n<td>406.50<\/td>\n<td>1:1 bonus in 2016<\/td>\n<td>PE 5.18, strong reserve base<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/irctc\/indian-railway-catering-and-tourism-corporation-ltd-share-price-today\">IRCTC<\/a><\/td>\n<td>509.05<\/td>\n<td>Consistent dividend history<\/td>\n<td>High-margin, reserve-accumulating model<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Coal_India_A_Repeated_Bonus_Issue_History\"><\/span><strong>Coal India: A Repeated Bonus Issue History<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Coal India is among the leading PSU stocks with upcoming bonus issue potential, having issued bonus shares multiple times historically, supported by free cash flow above Rs 25,000 crore annually and a payout ratio near 47 percent that demonstrates continued shareholder-friendly capital allocation.<\/p>\n<p>The company&#8217;s essentially debt-free balance sheet and dominant coal mining position continue to generate the kind of consistent reserve accumulation that has historically preceded its bonus issue announcements.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"PFC_Reserve_Strength_Post-Merger_Approval\"><\/span><strong>PFC: Reserve Strength Post-Merger Approval<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Power Finance Corporation is among the PSU stocks with upcoming bonus issue potential, having issued a 1:1 bonus in 2016, and now carrying a PE ratio near 5.18 alongside record annual profit of Rs 14,367 crore, up 24 percent year on year.<\/p>\n<p>The company&#8217;s approved merger with REC, combining loan books of Rs 11.51 lakh crore and Rs 5.82 lakh crore respectively, creates a larger, reserve-rich combined entity that could revisit shareholder-friendly corporate actions over time.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get SEBI-Registered Research on PSU Corporate Action Stocks<\/strong><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"IRCTC_High-Margin_Reserve_Accumulation\"><\/span><strong>IRCTC: High-Margin Reserve Accumulation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>IRCTC rounds out the PSU stocks with upcoming bonus issue potential through its asset-light, high-margin monopoly business spanning railway ticketing, catering and Rail Neer water, which continues generating strong annual reserve accumulation.<\/p>\n<p>With a return on capital employed of 46.1 percent, IRCTC&#8217;s business model gives its board significant flexibility to consider shareholder-friendly corporate actions as the company continues scaling its core franchise.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Coal India, PFC and IRCTC live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Factors_Affecting_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>Factors Affecting PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Free reserve to capital ratio:<\/strong> A high ratio of free reserves relative to paid-up capital is a key prerequisite boards consider before approving bonus issues.<\/li>\n<li><strong>Regulatory minimum gap requirements:<\/strong> SEBI guidelines require minimum gaps between successive bonus issues, affecting timing possibilities.<\/li>\n<li><strong>Board discretion:<\/strong> Ultimately, bonus issue decisions depend on board judgement rather than a predictable formula.<\/li>\n<li><strong>Alternative capital allocation priorities:<\/strong> Companies may prioritise capex investment or debt reduction over bonus issues in certain periods.<\/li>\n<li><strong>Government fiscal policy influence:<\/strong> Government dividend and capital allocation expectations from PSUs can influence board decisions on bonus issues.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Tracking_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>Benefits of Tracking PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Signal of financial strength:<\/strong> Companies with genuine bonus issue potential typically demonstrate strong underlying reserve accumulation and profitability.<\/li>\n<li><strong>Improved liquidity potential:<\/strong> A future bonus issue could improve trading liquidity and retail affordability if it materialises.<\/li>\n<li><strong>Historical pattern recognition:<\/strong> Companies with prior bonus issue history may be more likely to consider similar actions again.<\/li>\n<li><strong>No dilution of ownership:<\/strong> Unlike fresh equity issuance, bonus shares do not dilute existing shareholders&#8217; proportional ownership.<\/li>\n<li><strong>Fundamental quality indicator:<\/strong> The reserve strength required for bonus issue potential often correlates with broader business quality.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_of_Speculating_on_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>Risks of Speculating on PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>No guarantee of actual issuance:<\/strong> For PSU stocks with upcoming bonus issue potential, strong reserve indicators do not guarantee an actual bonus issue.<\/li>\n<li><strong>No inherent value creation:<\/strong> Even if a bonus issue occurs, it does not create additional shareholder value on its own.<\/li>\n<li><strong>Speculative price reactions:<\/strong> Stocks can see speculative rallies around bonus issue rumours that later prove unfounded.<\/li>\n<li><strong>Distraction from fundamentals:<\/strong> Focusing on bonus issue speculation can distract from more important fundamental business analysis.<\/li>\n<li><strong>Uncertain timing:<\/strong> Even with genuine potential, the actual timing of any bonus issue announcement remains unpredictable.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>How to Evaluate PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Treat bonus issue potential as a secondary consideration, not a primary investment thesis.<\/li>\n<li>Focus primarily on underlying business fundamentals rather than speculating on corporate action timing.<\/li>\n<li>Check free reserve levels and historical payout patterns as supporting indicators only.<\/li>\n<li>Avoid making investment decisions based purely on bonus issue rumours or speculation.<\/li>\n<li>Review the company&#8217;s overall financial health and growth trajectory as the primary decision factor.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_PSU_Stocks_With_Upcoming_Bonus_Issue_Potential\"><\/span><strong>How to Invest in PSU Stocks With Upcoming Bonus Issue Potential<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Use the Univest platform to track reserve levels and corporate action announcements for PSU stocks.<\/li>\n<li>Open a demat and trading account with Univest for zero-brokerage execution.<\/li>\n<li>Track quarterly results and any bonus issue announcements for Coal India, PFC and IRCTC through the Univest app.<\/li>\n<li>Consult a SEBI-registered advisor before making investment decisions based on bonus issue speculation.<\/li>\n<li>Review positions periodically based on fundamentals rather than corporate action expectations alone.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Coal India, Power Finance Corporation and IRCTC represent PSU stocks with upcoming bonus issue potential, each carrying strong reserve positions and consistent profitability that could support future bonus issues, though timing and actual occurrence remain uncertain. Historically, genuine bonus issue potential has reflected broader financial strength rather than being a standalone investment thesis. Consult a SEBI-registered advisor before making investment decisions.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_PSU_stocks_have_upcoming_bonus_issue_potential\"><\/span><strong>Which PSU stocks have upcoming bonus issue potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Coal India, Power Finance Corporation and IRCTC are among the PSU stocks with upcoming bonus issue potential, based on their strong reserve positions and profitability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Has_PFC_issued_bonus_shares_before\"><\/span><strong>Has PFC issued bonus shares before?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, PFC, among PSU stocks with upcoming bonus issue potential, issued a 1:1 bonus share in 2016, indicating past willingness to use this shareholder-friendly mechanism.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Coal_India_have_a_history_of_bonus_issues\"><\/span><strong>Does Coal India have a history of bonus issues?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, Coal India, a leading PSU stock with upcoming bonus issue potential, has issued bonus shares multiple times historically, supported by strong free cash flow generation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_bonus_issue_potential_a_guarantee_of_an_actual_bonus_issue\"><\/span><strong>Is bonus issue potential a guarantee of an actual bonus issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, PSU stocks with upcoming bonus issue potential show supporting balance sheet indicators, but there is no guarantee any specific company will actually announce a bonus issue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_IRCTC_show_bonus_issue_potential_despite_no_recent_history\"><\/span><strong>Why does IRCTC show bonus issue potential despite no recent history?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IRCTC, among PSU stocks with upcoming bonus issue potential, shows strong reserve accumulation through its high-margin, asset-light business model with a return on capital employed of 46.1 percent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_buy_PSU_stocks_purely_for_bonus_issue_speculation\"><\/span><strong>Should investors buy PSU stocks purely for bonus issue speculation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, PSU stocks with upcoming bonus issue potential should be evaluated on overall fundamentals, with bonus issue potential treated only as a secondary consideration.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PSU stocks with upcoming bonus issue potential, Coal India, PFC and IRCTC, carry strong reserves and dividend track records that support future bonus issues.<\/p>\n","protected":false},"author":35,"featured_media":152983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-151406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784108026:29"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["76"],"rank_math_title":["PSU Stocks With Upcoming Bonus Issue Potential"],"rank_math_description":["PSU stocks with upcoming bonus issue potential, Coal India, PFC and IRCTC, carry strong reserves and dividend track records that support future bonus issues."],"rank_math_focus_keyword":["PSU stocks with upcoming bonus issue potential"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_thumbnail_id":["152983"],"_edit_last":["29"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["26627"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/07\/PSU-Stocks-With-Upcoming-Bonus-Issue-Potential-in-2026.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/151406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=151406"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/151406\/revisions"}],"predecessor-version":[{"id":152984,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/151406\/revisions\/152984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/152983"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=151406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=151406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=151406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}