NBCC gains after securing fresh orders in July 2015

National Buildings Construction Corporation rose 1.81% to Rs 1,047 at 13:30 IST on BSE after the company said it has secured total business amounting Rs 540.81 crore from various clients in the month of July, 2015.

The company made announcement during market hours today, 3 August 2015.

Meanwhile, the S&P BSE Sensex was up 61.61 points or 0.22% at 28,176.17.

On BSE, so far 85,262 shares were traded in the counter as against average daily volume of 1.53 lakh shares in the past one quarter.

The stock hit a high of Rs 1,060 and a low of Rs 1,023.70 so far during the day. The stock had hit a record high of Rs 1,089 on 24 July 2015. The stock had hit a 52-week low of Rs 396.85 on 13 August 2014.

The stock had outperformed the market over the past one month till 31 July 2015, rising 13.73% compared with Sensex's 1.2% gain. The scrip had also outperformed the market in past one quarter, gaining 31.31% as against Sensex's 4.08% gain.

The large-cap company has equity capital of Rs 120 crore. Face value per share is Rs 10.

On consolidated basis, National Buildings Construction Corporation (NBCC)'s net profit rose 30.1% to Rs 133.64 crore on 24.7% rise in total income to Rs 1849.52 crore in Q4 March 2015 over Q4 March 2014.

NBCC is a blue-chip Government of India (GoI) Navratna Enterprise under the Ministry of Urban Development, in construction sector. The GoI held 90% stake in the firm (as per shareholding pattern as on 31 March 2015).

As per the shareholding pattern, the government of India held 90% stake in the company as at 30 June 2015.

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