Key Points
The company has performed well in recent times, with its shares increasing by 109% in 2024 and a massive 192% over the last year...
NBCC (India) Ltd shares are showing a drop of about 30% on some trading apps today, leaving many investors puzzled..
However, this significant decline in value is not a reflection of the companys actual performance, but instead due to a technical adjustment following a bonus issue...
As of now, NBCC India shares are trading 3.99% higher, at Rs 117.25 on the BSE after the adjustment for the bonus issue..
In NBCCs case, the bonus issue has been set at a ratio of 1:2, meaning every shareholder will receive one fully paid share for every two shares they hold..
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