There is a raging increase in the share prices of Navratna company NBCC (India) Limited(NSE: NBCC). NBCC’s share rose by more than 9 percent to Rs 195 on Wednesday.
The company’s share closed at Rs 177.65 on Tuesday. NBCC is preparing to give bonus share to its investors. This company stated in its exchange filing that the board meeting will be held on August 31, 2024.
At the meeting, the board of directors will be discussing the idea of issuing additional shares.
Preparation To Give Bonus Shares For The Second Time
Navratna company NBCC is preparing to give bonus shares for the second time since 2017. NBCC (India) Limited had earlier given bonus share in the ratio of 1:2 in February 2017.
This means that the company offered one bonus share in exchange for each two shares. NBCC has also fixed 6 September 2024 as the record date for the final dividend of 63 paise on each share.
The market capitalization of the company has exceeded the mark of Rs 34000 crore.
Shares Increase By More Than 273% Over A Year
Share of NBCC (India) Limited has experienced a huge increase over the past year. The shares of the company have grown by more than 273% over the past one year.
Its shares in the Navratna company were trading at 50.85 on the 28th of August, 2023. NBCC shares were at the price of 192.40 on the 28th of August, 2024.
NBCC share prices have witnessed an increase of over 130 percent in the first half of the current year. At the start of the year, the 1st of January 2024 NBCC shares were priced at the price of 81.85.
The company’s shares have reached Rs 192.60 on 28 August 2024. The 52-week highest level of share held by the company is 198.30. In the same way, the 52-week low for NBCC share is a mere Rs 49.
NBCC Stock Performance
| Market Cap | ₹ 35,226 Cr. |
| Current Price | ₹ 196 |
| 52wk High | ₹ 210 |
| 52wk Low | ₹ 51.0 |
| 5 days Return | 6.01% |
| 1 Month Return | 3.94% |
Company’s Fundamentals
| Stock P/E | 63.5 |
| Book Value | ₹ 12.4 |
| Dividend | 0.28 % |
| ROCE | 32.7% |
| ROE | 25.6 % |
| Face Value | ₹ 1.00 |
| P/B Value | 15.8 |
| OPM | 5.15 % |
| EPS | ₹ 2.39 |
| Debt | ₹ 0.64 Cr. |
| Debt to Equity | 0.00 |
NBCC Shareholdings
| Promoters | 61.75% |
| FII’s | 4.43% |
| DII’s | 9.47% |
| Govt. | – |
| Public | 24.35% |
Last 5 Years’ Sales (Figures in Rs. Crores)
| Year | Sales |
| 2020 | 8,087 |
| 2021 | 6,953 |
| 2022 | 7,691 |
| 2023 | 8,754 |
| 2024 | 10,645 |
Last 5 Years’ Net Profit (Figures in Rs. Crores)
| Year | Net Profit |
| 2020 | 100 |
| 2021 | 240 |
| 2022 | 238 |
| 2023 | 278 |
| 2024 | 444 |
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