Bonus Share In July: Cement Stock Set To Mull Bonus Issue, Shares Rally 3975% In 5-Yrs

Small cap company from the Cement & Cement Products industry, Bigbloc Construction Ltd shares today surged 8.63% and 14.16% in last 1-week. Today it announced its upcoming meeting of Board to be held on July 19, 2024 to consider bonus share. Current market price of Bigbloc Construction Ltd share on BSE is Rs 258.80 per share. Bigbloc Construction shares offered attractive return of 1179% in last 3-years and 63% in last 1-year. Its market capitalisation stood at Rs 1831.99 crore. Check key details below:

Bigbloc Construction Ltd To Consider Bonus Share On July 19: As per the regulatory filing of Bigbloc Construction Ltd issued as on July 5, "meeting of Board of Directors of the Company will be held on Friday, 19th July, 2024 at 11:00 A.M. at Registered Office of the Company, inter alia, to transact the following item of business:

1. To consider and approve the increase in the Authorized capital of the company

2. To discuss, consider and approve Issue of Bonus Shares to the equity shareholders of the Company subject to approval of members

3. To consider and approve Directors' Report and annexures thereon for the Financial Year ended on 31st March, 2024.

4. To fix day, date, time and venue of 9th Annual General Meeting of the Company and approve the draft Notice for convening the said General Meeting.

5. To appoint the Scrutinizer for 9th Annual General Meeting of the Company.

6. Other Business matters."

Bigbloc Construction Share Performance: The 52-week high price of Bigbloc Construction share on BSE is Rs 284.00 (as on 07/05/2024) and 52-week low price is Rs 137.55 per share (as on 17/08/2023), respectively. Bigbloc Construction shares gave return of 59% in last 6-months, soared 63% in last 1-year, and gained 150% in last 2-years. In last 5-years, Bigbloc Construction shares offered whopping returns of 3975%.

Bigbloc Construction Dividend History: Bigbloc Construction announced 11 dividends since September 15, 2016. In last 1-year, Bigbloc Construction announced an equity dividend amounting to Re 0.80 per share. At the current share price of Rs 258.0000, Bigbloc Construction offers a dividend yield of 0.32%.

Bigbloc Construction Stock Split History: The cement stock split the face value once since November 15, 2021. Bigbloc Construction last split the face value of its shares from Rs 10 to Rs 2 in 2021.The share traded ex-split as on November 15, 2021.

Bigbloc Construction About: It came into existence in 2015. It is engaged in the manufacturing, sales and marketing of AAC (Aerated Autoclaved Concrete) Blocks. AAC Blocks of the company are marketed in the Brand name of NXTBLOC. It is headquartered in Surat.

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The stock highlights the bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.