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NBCC India Limited price
This Smallcap construction company surged 6.5% in the trading session today after the company announced receipt of an order worth Rs.20 Cr from a Govt Department.
Share price of NBCC India Limited shot up by 6.5% in today’s trading session to close at Rs.59.6 a piece. The stock returned a gain of 53.74% in the last one year and 118.5% in the last three years thus doubling the investment in just 3 years.
NBCC India Limited Announcement
Through an exchange filing on 5 September 2023, the company announced receipt of a high value order worth Rs. 20 Cr to execute “Planning, designing and execution of (1) Structural and non-structural repairs at factory premises along with the renovation work & Structural and non-Structural repairs at residential quarters at Mint Premises. (2) Construction of Transit Camp at Mint Colony, Parel, Mumbai.
NBCC India Limited Stock details and performance
For the last 12 months in review, Company sales and profits have recorded CAGR growth of 15% and 7% respectively. Market Cap of the company as on today is about Rs.10,700 Cr.
The company is almost debt free. It also maintains very good ROCE & ROE of 26.2% and 19% respectively.
NBCC About
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.
Financial reports and details can be accessed from company website here
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