The announcement was made after market hours yesterday, 22 June 2015.
Meanwhile, the BSE Sensex was up 67.74 points, or 0.24%, to 27,797.95.
On BSE, so far 6,571 shares were traded in the counter, compared with an average volume of 4,087 shares in the past one quarter.
The stock hit a high of Rs 551 and a low of Rs 534.50 so far during the day. The stock hit a record high of Rs 659 on 12 March 2015. The stock hit a 52-week low of Rs 253.20 on 25 June 2014.
The stock had underperformed the market over the past one month till 22 June 2015, falling 8.97% compared with 0.81% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.78% as against Sensex's 1.88% fall.
The small-cap company has an equity capital of Rs 20.73 crore. Face value per share is Rs 10.
MBL Infrastructures said it will hold Annual General Meeting (AGM) of shareholders on 17 July 2015. At the AGM, the company will seek shareholders' approval for issuing one bonus share for every one equity share held in the company (1:1).
On a consolidated basis, net profit of MBL Infrastructures declined 37.58% to Rs 14.02 crore on 9.12% rise in net sales to Rs 555.29 crore in Q4 March 2015 over Q4 March 2014.
MBL Infrastructures is engaged in execution of civil engineering projects with specialisation in roads & highways. The company posseses a rich experience in road building and maintenance. The company has an integrated business model for engineering, procurement and construction (EPC) and BOT (build–operate–transfer) projects.
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