Shares of this ₹1,800 crore company jumps 9% on bonus share proposal
Fri, Jul 5, 2024 3:52 PM

Shares of this ₹1,800 crore company jumps 9% on bonus share proposal

A Flip by Shubhangi Gupta
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Bigbloc Construction Ltd.'s shares surged 9% after the company announced its board will consider issuing bonus shares at its July 19 meeting. The board will also discuss increasing the company's authorized capital. This is the first bonus share issue for the company, which aims to capitalize on its free reserves and increase earnings per share and paid-up capital.

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