NMDC had given two bonus shares for one. The full name of the company is National Mineral Development Corporation. The company was started in the year 1958. It is the country's largest iron ore manufacturing company. The company had announced bonus shares for the first time in 2008. At the same time, today i.e. on 11 November 2024, the gift of bonus shares has been given. The company announced 2 bonus shares for one.

According to the information released on the exchange , the company has announced 2 bonus shares for one along with the quarterly results. Profit has increased on an annual basis. The company's profit has increased on an annual basis. The company said in the information released on the exchange that the profit has increased from Rs 1,026 crore to Rs 1,211 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. The company's income has increased. Income has increased from Rs 4,014 crore to Rs 4,919 crore. EBITDA has increased from Rs 1,191 crore to Rs 1,385.7 crore. EBITDA margin has come down from 29.7% to 28.2%. What is bonus share - When the company gives shares to investors for free, it is called bonus share. Investors get bonus shares in a special ratio. After the bonus issue, the equity capital increases, but there is no change in the face value. Since the face value does not change, the investor benefits from it in the future in the form of higher dividends.