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NCC falls after bulk deal

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Capital Market
Last Updated : Aug 29 2013 | 11:30 AM IST

NCC fell 1.12% to Rs 17.60 at 10:50 IST on BSE after 0.43% equity changed hands in a bulk deal on BSE today, 29 August 2013.

A bulk deal of 11 lakh shares was executed on NCC counter at Rs 17.90 per share at 09:19 IST on BSE today, 29 August 2013.

Meanwhile, the BSE Sensex was up 192.52 points, or 1.07%, to 18,188.67

On BSE, 13.79 lakh shares were traded in the counter as against an average daily volume of 2.21 lakh shares in the past one quarter.

The stock hit a high of Rs 18.50 and a low of Rs 17.60 so far during the day. The stock had hit a 52-week low of Rs 17.40 on Wednesday, 28 August 2013. The stock had hit a 52-week high of Rs 61.45 on 4 January 2013.

The stock had underperformed the market over the past one month till 28 August 2013, sliding 24.26% compared with the Sensex's 8.87% fall. The scrip had also underperformed the market in past one quarter, declining 44.63% as against Sensex's 10.74% fall.

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The small-cap company has an equity capital of Rs 51.31 crore. Face value per share is Rs 2.

NCC reported 71.4% fall in consolidated net profit to Rs 5.81 crore on 9.8% decline in net sales to Rs 1617.39 crore in Q1 June 2013 over Q1 June 2012.

NCC's range of business verticals comprising of buildings & housing, transportation, water & environment, irrigation, power, electricals, metals, oil & gas and international business reflect an expertise positioned to capture every infrastructure upturn.

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First Published: Aug 29 2013 | 10:48 AM IST

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