NBCC (India) has adjusted the stock price, for sub-division of face value.

On February 13, the board of directors had recommended splitting of the company’s equity shares of Rs.2 each, into two equity shares of face value of Re.1 each, subject to the approval of shareholders.

Further, the company has fixed April 26 as record date for determining the shareholders entitled for sub-division of equity shares.

Read EquityPandit’s Technical Analysis of Indian Stock Market