NBCC Stock

State-owned NBCC Ltd is targeting to reach Rs 1 lakh crore of consolidated order book by March next year from the current Rs 84,400 crore as the company looks to expand business across India. NBCC (India) Ltd is into Project Management Consultancy (PMC), Engineering, Procurement and Construction (EPC) and real estate businesses. "NBCC has an order book of around Rs 84,000 crore. We are targeting to take Rs 1 lakh crore at the end of this financial year," NBCC Chairman and Managing Director (CMD) K P Mahadevaswamy told investors. According to a transcript of discussion with investors, he said the total order book at a consolidated level is Rs 84,400 crore, of which NBCC's share is about Rs 70,400 crore. The remaining is order book of its subsidiaries. The order book of HSCL stood at Rs 8,093 crore, HSCL Rs 5,915 crore, and NSL Rs 200 crore. Of the total order book, Mahadevaswamy said the PMC/EPC contributes around 55 per cent and 45 per cent in redevelopment. On execution timelin

The NBCC (India) share fell despite the company bagging a Rs 202 crore order from Rajasthan State Industrial Development & Investment Corporation Limited (RIICO)

The rise in the share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured orders worth Rs 1,322.48 crore

The uptick in NBCC share price came after the company announced, via two separate filings, that it has sold commercial spaces worth Rs 2,251 crore.

BSE analysts reflect that this Navratna stock has yielded a multibagger return year-to-date with a rally of 129.98 per cent

The rise in the NBCC share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured an order worth Rs 411.45 crore.

Shares of NBCC surged by 11 per cent at Rs 158 per share on the BSE in Tuesday's intraday trade. The shares of the company have zoomed 98.14 per cent in the last six months

Shares of State-owned NBCC soared up 8.4 per cent at Rs 141 per share on the BSE in Thursday's intra day deals

The State-owned company's profit rose 24.6 per cent on a year-on-year (Y-o-Y) basis to Rs 141.5 crore in the March quarter of financial year 2024 (Q4FY24)

Stocks to watch on May 29: NBCC's Q4FY24 revenues surged by 43.1 per cent year on year (YoY) to Rs 4,025 crore compared to Rs 2,813 crore in Q4FY23

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State-owned NBCC (India) Ltd has reported a 16 per cent decline in its consolidated net profit to Rs 81.90 crore for the second quarter of this fiscal due to provisioning for expected loss in a Gurugram housing project. Its net profit stood at Rs 97.72 crore in the year-ago period. The total income, however, rose to Rs 2,129.09 crore during the July-September period of 2023-24 from Rs 2073.89 crore in the corresponding period of the previous year, a regulatory filing said on Thursday. The company's consolidated net profit increased to Rs 159.31 crore in the September 2023 quarter against Rs 92.87 crore in the year-ago period. Its total income rose to Rs 4,094.90 crore in the first six months of this fiscal from Rs 3,927.13 crore in the corresponding period of the previous year. A preferred partner of the government for infrastructure projects, NBCC's 93.22 per cent of business revenue comes from the PMC (project management consultancy) segment and redevelopment works on a consolid

With redevelopment projects suffering, it is not surprising that the company's profitability is dented

The company's order book at Rs 68,000 crore on the standalone level and Rs 85,000 crore at the consolidated level means more than eight years of revenues visibility

The company's order book at Rs 800 billion has grown fourfold in the 2015-18 period