NBCC sells 609 units for ₹1,069 crore, stock ex-dividend
after close1 source ↓written by the desknot a recommendation
- through an e-auction
- ₹1,069.43 crore
- for shareholder eligibility
- 19 Nov 2023
- for the company
- 1% marketing fee
Shares of NBCC (India) gained attention as the company reported the sale of 609 residential units in Greater Noida for ₹1,069.43 crore through an e-auction. This transaction is part of its Aspire Leisure Valley and Aspire Centurian Park projects.
Additionally, the stock turned ex-dividend today, with a record date set for 19 Nov 2023 for shareholder eligibility. The earnings from this sale will yield a 1% marketing fee for the company.
Not investment advice. For informational purposes only.