Good news for investors who wish to buy shares from companies that offer bonus shares. NDR Auto Components Ltd (NSE: NDRAUTO) announced that it will give bonus shares for a second consecutive year.
The company will offer a bonus share per share. This week is fixed for the record date.
Buy 1 Share And Get 1 Free
The company informed the stock exchanges that one share would be given away as a bonus. On Wednesday, 25th September 2024, the company’s stock will give the bonus.
Investors whose names are in the record book of the company on this date will receive the bonus issue. Before this, the company was trading as ex-bonus stocks in July of last year. Even then, the company gave 1 share bonus for every share.
The Company Has Paid Dividends
The company’s stock was no longer dividend-paying in July of this year. In July of this year, the company paid a dividend per share of Rs 3.75.
In 2023 the company paid a dividend per share of Rs 5 to all eligible investors.
How Is The Performance Of The Company’s Stock On The Market?
On last week, the company’s share fell by more than 2 percent to Rs 1693.15. The company’s share price has risen by over 113% in the last three months.
The amount of money invested by investors has more than doubled during this period. Investors who have held NDR Auto Components Ltd for a year are up 214 percent.
The 52-week highest level of NDR Auto Components Ltd was Rs 1943.95. The company’s 52-week low is Rs 518.80. The company’s market capitalisation is Rs 2013.60 crore.
Quick Fact
| Company name | NDR Auto Components |
|---|---|
| Bonus shares | 1 per 1 |
| Record date | 25th September 2024 |
| Ex-bonus last year | July 2023 |
| Last year’s bonus | 1 per 1 |
| Dividend July 2024 | ₹3.75 per share |
| Dividend 2023 | ₹5 per share |
| Recent share fall | More than 2% |
| Last trading price | ₹1693.15 |
| 3-month gain | 113% |
| 1-year gain | 214% |
| Market cap | ₹2013.60 crore |
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