NBCC Share Price

By:- B.T Team Image Credit:- Google

NBCC Share Price Soars 4% on Ex-Bonus Trading! NBCC National Buildings Construction Corporation

[{"selector":"#anim-dffe2729-e5d2-4d12-931e-0cea80f8295a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(4.084401045660136%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Shares of NBCC (India) Ltd have surged over 4% as the stock trades ex-bonus. Introduction

[{"selector":"#anim-b8a7a5aa-aef9-4e90-bf26-af7a8dbb8953 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.56073207895198%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bonus Announcement The PSU is set to issue 90 crore bonus shares in a 1:2 ratio .

[{"selector":"#anim-b66eb488-8d0b-4759-a61d-a01ae70fa2cb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.1900080000464435%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Investor Returns NBCC's stock has rallied 103% in the past year, doubling investors' capital.

[{"selector":"#anim-35d56c3e-aecc-4180-9ea1-84fe0923e9c3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.52370509259694%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] In comparison, the Nifty index gained around 28% during the same period. Market Comparison

[{"selector":"#anim-89f610d3-a8a1-45d1-8924-90e434ff71e5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.22601106401451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Record Date Today marks the record date for shareholders eligible for the bonus shares.

[{"selector":"#anim-12017f9d-a0d5-4d67-ab4c-4c025b7cf487 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.34961919058173%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bonus Share Details For every two existing shares , shareholders will receive one new fully paid-up share . Recite it 108

[{"selector":"#anim-b67a2558-bf8b-497b-9817-31dfc1870c3a","keyframes":[{"offset":0,"transform":"translate3d(0, -144.78809%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -40.714410908000005%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -13.841741404000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -5.1978924310000005%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -2.258694204%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] Financial Background The bonus shares are issued from free reserves , as per the March 31, 2024, financials.

Reserves Information

[{"selector":"#anim-bcf84ec9-f410-4832-8343-b6a8bcd20e74","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4cc1060-4a7e-4521-8400-755589cda99e","keyframes":{"transform":["translate3d(0px, 99.64867%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NBCC India has Rs 1,959 crore in reserves and surplus available for capitalization.

[{"selector":"#anim-b7fe8451-05bc-4e0c-84ca-6ef573ae4ef5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.790074332615674%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Next Steps Bonus shares will be credited within two months from the Board's approval by October 31, 2024 .

NBCC Share Price

Reserves Information

Watch More Story

Forecast of Nifty 50 and Bank Nifty