NBCC Share Price | Beneficial update on NBCC company, share will give returns at rocket speed, take advantage – NSE: NBCC
NBCC Share Price | On Friday, Navratna company NBCC Limited announced the new contract. NBCC Limited said in a stock exchange filing on December 20 that the company has received several contracts. The value of the contract awarded to the company is approximately Rs 300 crore. Shares of NBCC Ltd were trading at Rs 93.98, down 3.21 per cent on Friday. (NBCC Limited Company Excerpt)
New contract information
NBCC Limited has received a contract worth Rs 200.60 crore from Oil India Limited. According to the contract, NBCC wants to build an oil hospital. NBC's subsidiary HSCC India has also got a contract worth Rs 98.17 crore. Interestingly, NBCC had received a contract worth Rs 600 crore earlier this month. On Monday (23 December 2024), the stock was trading at Rs 93.0 with a decline of 1.50%.
Financial position of NBCC company
NBCC Ltd reported a net profit of Rs 125.10 crore in the second quarter. The net profit of NBCC Limited Company has increased by 52.80 percent on year-on-year basis. In the same quarter of the last financial year, NBCC had earned a net profit of Rs 81.90 crore. NBCC's revenue increased to Rs 2,458.70 crore in the second quarter.
nbcc share performance
NBCC shares have fallen 4.86 percent in the last five days. NBCC shares have declined 13.35 percent in the last six months. Yet the stock has given 88% returns to investors. Shares of NBCC hit 52-week high of Rs 139.90. The stock has given 240% returns in the last two years. The central government holds 61.80 percent stake in NBCC. Public shareholder's stake is 25.04 percent.
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