The share price of this Navaratna Infrastructure firm went down by 3 percent to an Intraday low of Rs 161.15 per share on Monday after the company received an order worth Rs 100 crores from a domestic client.
With a market capitalization of Rs 29,331 crores, the shares of NBCC (India) Ltd went up down by 3.01 percent and closed at Rs 162.95 a piece on Monday’s Trading session.
According to the company’s stock exchange filings, the company announced that they have received an order worth Rs 100 crores from REC Limited. The company has been awarded the Project management consultant for the construction and renovation of the existing RECIPMT building at Hyderabad.
Reviewing the financials of NBCC Ltd on a year-on-year basis, the revenues rose by 19 percent from Rs 8,754 crores in FY23 to Rs 10,433 crores in FY24. In the same time frame, the net profits increased from Rs 278 crores to Rs 414 crores demonstrating a 48.9 percent increase.
In terms of return ratios for the year 2024, it has reported a return on equity (ROE) of 18.04 percent and a return on capital employed (ROCE ) of 27.57 percent .
The Company has its ongoing projects in Dubai, Maldives, Mauritius, and Seychelles. It also has future plans for projects in Burundi and Mongolia.
The shares of this company generated both multi-bagger returns of 311.59 percent over the past one year and 108.68 percent over the past 6 months.
As of March 2024, the firm’s shareholding pattern stood at 61.75 percent for promoters, 23.97 percent for the public, 4.33 percent for foreign institutional investors, and 9.94 percent for domestic institutional investors.
NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Co. operates in three major segments – Project Management Consultancy, Engineering Procurement & Construction, and Real Estate.
Written By Zahal.
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