NSE board recommends 4:1 bonus shares, ₹90 per share dividend. Declares strong Q4 results 2024

2 weeks ago 6

Copyright &copy HT Digital Streams Limited
All Rights Reserved.

2 min read 04 May 2024, 07:59 AM IST Trade Now

Asit Manohar

NSE is yet to state grounds dates for the bonus shares and dividend

 Mint)Premium In Q4FY24, NSE reported a 20 percent YoY emergence successful nett to 2,488 crore. (Photo: Mint)

NSE dividend, bonus shares: The National Stock Exchange (NSE) committee has recommended issuing bonus shares successful a 4:1 ratio. The committee besides recommended a 90 per stock dividend to the eligible shareholders of the company. NSE informed the Indian stock market exchanges astir these developments portion declaring its Q4 results 2024 connected Friday. However, NSE is yet to state grounds dates for the bonus shares and dividend. In Q4FY24, NSE reported a 20 percent YoY emergence successful nett to 2,488 crore.

NSE dividend 2024

The NSE informed astir the 90 per stock connection successful a property statement, saying, "NSE Board has recommended a dividend of 90 per stock (pre-bonus) for the twelvemonth ending FY24 amounting to pay-out of 4,455 crores."

NSE bonus contented 2024

"NSE Board has recommended contented of 4 bonus shares for existing 1 stock held, taxable to indispensable approvals from shareholders and regulators for an summation successful authorised stock capital."

NSE Q4 results 2024

NSE reported consolidated gross from operations astatine 4,625 crores for Q4 FY24, up by 34% connected a year-on-year basis. Apart from trading revenue, the gross from operations was besides supported by different gross lines, which chiefly see information centre & connectivity charges, clearing services, listing services, scale services and information services.

NSE posted a nett net of 2,488 crores connected a consolidated ground for Q4 FY24, up by 20% year-on-year. The nett net margins for Q4 FY24 stood astatine 49%. On a consolidated basis, net per stock accrued to 50.25 successful Q4 FY24 from 41.72 successful Q4 FY23. 

On the trading volumes front, currency markets recorded an mean regular traded volumes (ADTVs) of 1,11,687 crores (up 127% YoY) portion the equity futures reached an ADTV of 1,79,840 crores (up 60% YoY) and equity options (premium value) ADTVs stood astatine 75,572 crores (up 27% YoY) for Q4 FY24.

On a standalone basis, NSE reported a full operating income of 4,123 crores for Q4 FY24, showing a maturation of 25% connected a year-on-year basis, which was 3,295 crores for the corresponding 4th past year.

NSE, successful FY24, made an further publication of 1,741 crore, and NCL made an further publication of 1,400 crore to augment the Core Settlement Guarantee Fund corpus from the existent level to 10,000 crore arsenic desired by SEBI. The halfway SGF corpus arsenic of March 31, 2024, is 8,819 crores.

Disclaimer: The views and recommendations supra are those of idiosyncratic analysts oregon broking companies, not Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

Unlock a satellite of Benefits! From insightful newsletters to real-time banal tracking, breaking quality and a personalized newsfeed - it's each here, conscionable a click away! Login Now!

Catch each the Business News, Market News, Breaking News Events and Latest News Updates connected Live Mint. Download The Mint News App to get Daily Market Updates.

More Less

Published: 04 May 2024, 07:58 AM IST

Next Story footLogo

Read Entire Article