blil after ex date of sept 20 will fall 40-80 rupees price may come to 370-400 that is best to accumulate if you want dividend can take or just exit now and take later at lower price
you can consider bpcl also along with blil as a pair swap , if you take bpcl dividend will be 58 rupees and bpcl might fall to 400 also then we can swap to blil resulting in higher...
its been around 484 from along time
it went to 540 and got corrected
blil usually in normal market conditions or bad market conditions or good market conditions it does not move much
but its gives dividend of fd return after tax cut off
it gives dividend around 35-40 rupees per share and is increasing dividend year on year
and another interesting thing is that...
its been consolidating for along time on 15 min chart ,gives a dividend of 37-40 a year , and if government declares buy back of shares can go to 800 also, downside risk is very low even if market falls this stock does not move much