present decision future price Future decision

Spot 250 sell 22 buy

Future 247 buy sell

Normal Case
results
spot 228 profit here
future -225 loss here

net profit 3

Bonus issue
Ratio 1: 1
price 44
results
spot 206 profit here
future -203 loss here

net profit 3

stock split
Ratio 1: 10
price 220
results
spot 30 profit here
future -27 loss here

net profit 3

Dividend present decision future price Future decision

dividend Rs. 14 Spot 236 buy 220 sell
Future 247 sell buy

results
spot -30 loss here
future 27 profit here
dividend 14
net profit 11