Multibagger Construction Stock: The shares of Bigbloc Construction, a smallcap company closed at Rs 79.09 with a fall of 1.32%. During the trading session on Friday February 9, the stock touched a high of Rs 81.61 and low of Rs 78.68. Actually we are talking about Bigbloc Construction is a multibagger stock that has delivered impressive returns of 2,032% in the last 5 years. The company awarded bonus shares to shareholders for the first time since listing. Veteran investor Shankar Sharma holds 0.51% stake in this company. Check more details below.
Bigbloc Construction 1:1 Bonus Issue
The smallcap construction company awarded 1:1 bonus shares to shareholders for the first time since its listing in September 2024.
Construction Stock Delivered 2,032% in Just 5 years
Let us tell you that Bigbloc construction is a multibagger stock that has given more than 2,189% in the last 5 years. The shares of this company were trading nearly Rs 3.78 in January, 2020. Now it has crossed the level of Rs 80 and is trading at Rs 81.61 as of Friday, January 24, 2025.
In the last 6 months, the stock has offered negative returns of 36.83%. At the same time, its stock price has dropped as much as 15.54% YTD. Similarly the shares have delivered marginal negative returns of more than 0.80% in the last one year. With a market cap of Rs 1,233.83 crore, it is currently trading at Rs 86.85 on NSE. The 52-week high of this share is Rs 148.50 while 52-week low is Rs 83.50.
Also Read: Top SmallCap Stocks in India
Bonus Split and Dividend History
The company has been paying dividends since 2016. It has given a dividend 11 times to shareholders.
If we talk about its split, then Bigbloc construction once split the shares into 1:5 in 2021. However, the company issued bonus shares for the first time in September 2024.
Shankar Sharma holds more than 300000 shares of the company
Veteran investor Shankar Sharma has bought 3.65 lakh shares of the company in May 2024. This means he holds 0.51% of stake in this cement company. He holds the shares at an average price of Rs 235 per share before bonus issue.
About the Company
Incorporated in 2015, Bigbloc construction is a leading construction company in the cement industry. The company produces cement products also specialized in AAC concrete blocks. The headquarters of the company is situated in Surat.
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