Navratna CPSE NBCC shares today witnessed steep fall of 5.14% on Bombay Stock Exchange (BSE) to Rs 85.63 per share as Sensex tumbled 1078.61% to 76,192 at 2:17 pm. Today the company will consider and approve its unaudited financial results for the quarter ended December 31, 2024. It will also consider and approve interim dividend for the FY 2024-25 as well, if any. The PSU today bagged an order worth Rs 272.33 crore. Meanwhile, the company has a market capitalisation of Rs 23,152.50 crore.
The PSU in last 1 week registered decline of 7.86% and dived 30.39% in last 6-months. However, in last 2-years, the stock gained 268.34%. It is worth mentioning that Life insurance corporation of India (LIC) has 5.11% stake in NBCC as of December 2024 quarter. Check more details below:
NBCC Bags Order
As per the exchange filing of the PSU dated Feb 11, 2024, the company bagged Rs 170.33 crore order from Central University of Punjab and Rs 102.00 crore order from Navodaya Vidyalaya Samiti (NVS).
NBCC To Consider Financial Results Dividend Today
According to the regulatory filing of NBCC issued as on January 28, 2025, “Board of Directors of the Company is scheduled to be held on Tuesday, February 11, 2025, inter alia to:
- Consider, approve and take on record, the Unaudited Financial Results (Standalone and Consolidated) of the company for the quarter and nine months ended on December 31, 2024 and
- Consider and declare Interim Dividend to the equity shareholders for the Financial Year 2024-25, if any.”
NBCC Revises Record Date For Dividend
The exchange filing of the PSU dated Feb 3, 2025 stated, “the Company has revised the record date and fixed Tuesday, February 18, 2025 as new Record Date for the purpose of payment of interim dividend on equity shares for the Financial Year 2024-25, if declared by the Board in their meeting to be held on February 11, 2025 (Tuesday).”
How To Be Eligible For NBCC Dividend?
Record date plays key role in deciding shareholders’ eligibility for dividend. Shareholders whose name reflects in company’s record on the record date will become eligible for dividend. Record date is the date when the firm finalises list of shareholders qualified for the company’s dividend distribution. In the case of NBCC, the record date has been fixed as February 18, 2025. Therefore, shareholders must buy NBCC shares (only after taking SEBI’s registered advisor’s advice) before the record date to receive dividend.
NBCC Dividend History
The PSU recommended a total of 16 dividends since August 30, 2012. In last 1-year, NBCC (India) recommended an equity dividend amounting to Rs 0.63 per share. At last trading price of Rs 85.83 apiece, NBCC offers a dividend yield of 0.73%. And, after adjusting for bonus issue/ stock split the dividend yield is 0.49%, according to Trendlyne.
NBCC Bonus Shares History
It recommended 2 bonuses since February 17, 2017. The PSU’s last bonus was recommended in the proportion of 1:2 with ex-date set as October 7, 2024.
NBCC Shares Performance
The 52-week high price of NBCC (India) Ltd shares on BSE is Rs 139.90 per share (as on 28/08/2024) and 52-week low price is Rs 70.14 per share (as on 14/03/2024), respectively. It offers a return on equity (ROE) at 18.18%. NBCC shares slipped 25.26% in last 6-months, gained over 13.73% in last 1-year, and surged 267.10% in last 2-years.
NBCC Financials
Its consolidated net profit zoomed by 53% to Rs 125.13 crore for September 2024 quarter as against Rs 81.90 crore net profit in the corresponding quarter of last year. It declared its total income surged to Rs 2525.95 crore for September 2024 quarter as compared to Rs 2134.36 crore in the same quarter of last year, as per the BSE filing. NBCC’s revenue for the quarter under consideration declared at Rs 2458.7 crore from Rs 2085.5 crore in the year ago period, reflecting a growth of 19.4%.
Disclaimer: The story highlights order win, dividend and Q3 results and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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