NBCC (India) rose 0.82% to Rs 207.80 at 10:00 IST on BSE after the company said it secured total business worth approximately Rs 630 crore in June 2017.
The announcement was made after market hours yesterday, 5 July 2017.Meanwhile, the S&P BSE Sensex was up 111.89 points, or 0.36% to 31,357.45.
On the BSE, 11,000 shares were traded in the counter so far, compared with average daily volumes of 1.92 lakh shares in the past one quarter. The stock had hit a high of Rs 208 and a low of Rs 206.50 so far during the day. The stock hit a record high of Rs 213.70 on 22 June 2017. The stock hit a 52-week low of Rs 132.17 on 7 July 2016.
The stock had outperformed the market over the past one month till 5 July 2017, rising 2% compared with 0.18% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 19.17% as against Sensex's 4.40% rise. The scrip had also outperformed the market in past one year, rising 58.62% as against Sensex's 15.01% rise.
The large-cap company has equity capital of Rs 180 crore. Face value per share is Rs 2.
On a consolidated basis, NBCC (India)'s net profit rose 39.03% to Rs 173.97 crore on 4.94% increase in net sales to Rs 2351.78 crore in Q4 March 2017 over Q4 March 2016.
NBCC (India), a blue-chip Government of India (GoI) Navratna enterprise under the Ministry of Urban Development, is present in three segments of operations including project management consultancy (PMC), real estate development and EPC contracting. The GoI held 75% stake in the firm (as per shareholding pattern as on 31 March 2017).
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
