NBCC (India) rose 2.62% to Rs 200 at 9:16 IST on BSE after the company said it secured a total business of about Rs 587.47 crore in June 2016.
The announcement was made after market hours on Tuesday, 5 July 2016.Meanwhile, the BSE Sensex was up 23.19 points, or 0.09%, to 27,190.06.
On BSE, so far 10,000 shares were traded in the counter, compared with average daily volume of 54,342 shares in the past one quarter. The stock hit a high of Rs 201.80 and a low of Rs 198.15 so far during the day. The stock hit a record high of Rs 242.90 on 6 August 2015. The stock hit a 52-week low of Rs 162 on 25 August 2015. The stock had outperformed the market over the past 30 days till 5 July 2016, rising 2.10% compared with 1.45% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 2.84% as against Sensex's 9.10% rise.
The large-cap company has an equity capital of Rs 120 crore. Face value per share is Rs 2.
On a consolidated basis, net profit of NBCC (India) rose 5.87% to Rs 141.48 crore on 38.80% rise in net sales to Rs 2251.14 crore in Q4 March 2016 over Q4 March 2015.
NBCC (India), formerly known as National Buildings Construction Corporation, 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 2016).
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