Page 8 - Nbcc

NBCC posts 21% surge in Q1 profit at Rs 676 mn; expenses up at Rs 15.7 bn

Expenses remained higher at Rs 15.71 billion as against Rs 12.02 billion

NBCC emerges as highest bidder for HSCC, engineering projects: Sources

the two acquisitions are estimated to add Rs 145 billion to the NBCC's outstanding order book of Rs 800 billion

NBCC sells 28,000 sq ft office space in South Delhi for Rs 830 million

State-owned NBCC today said it has sold nearly 28,000 sq ft office space at Okhla in the national capital to Balmer Lawrie & Co for Rs 83 crore. In a filing to the BSE, the company informed that it has "sold office space measuring 27,769 sq ft at NBCC Centre, Okhla, Phase-1, New Delhi to Balmer Lawrie & Co for a total value of Rs 83.31 crore". The profit margin available to NBCC against this deal will be about Rs 55 crore, it added. NBCC (India), a navratna enterprise under the Ministry of Housing and Urban Affairs, present areas of operations are categorised into three main segments -- project management consultancy (PMC), real estate and EPC contracting. With consolidated revenue of Rs 6,401 crore, NBCC has been growing with a consistent upward trajectory of 20 per cent CAGR in the past five years.

NBCC plans to invest Rs 5 billion to acquire majority stake in two PSUs

NBCC is also considering developing real estate projects on lands of sick public sector undertaking or loss making PSUs or that available with the government, mainly on self revenue generation model

NBCC stock falls: Analysts say order book provides revenue visibility

The delayed execution impacted the company's project management consultancy (PMC) segment

NBCC bags Rs 20-bn order from Centre to build MGCC in African countries

These African countries are Niger, Uganda, Malawi, Zambia, Liberia, Gambia, Burkina Faso, Togo and Gabon

NBCC signs MoU for housing project near Delhi's Connaught Place

The MoU for the project was signed between Department of Economic Affairs and National Buildings Construction Corporation

Pick-up in execution holds key for NBCC

Strong order book offers long-term revenue visibility

Pace of order execution crucial for NBCC

It is necessary to justify premium valuations for the company

NBCC to launch 1,000 flats for sale during festive season

The company is also in talks with the government for developing islands in Andaman and Nicobar and Lakshadweep

NBCC targets 25% revenue growth via Rs 25-cr new biz in FY18

In FY17, the state-owned firm posted a net profit of Rs 354.51 cr

NBCC might buy four smaller PSUs from government

Govt looking to sell NPCC, EPIL, Hindustan Prefabs, HSCC

NBCC retail portion subscribed 81%

With this, govt has successfully sold 15% stake in NBCC, reducing its holding to 75%

NBCC extends fall after OFS begins

The stock dipped 4% to Rs 241 on intra-day trade, extending its Thursday's 1% fall on BSE.

NBCC share sale fully subscribed

The government had set a base price of Rs 246.5 per share, while most of the bids came at Rs 246.73

Govt to sell 15% in NBCC; targets Rs 2,200 crore

Floor price fixed a Rs 246.50 per shares; 90 mn shares to be sold

NBCC: Concerns over project funding looms

Analysts say reports on NBFC creation trigger uncertainties around funding new projects

NBCC extends rally on securing business worth Rs 1,117 crore in September

The stock hit a new high of Rs 299, up 8%, extending its Tuesday's 7% surge on BSE

NBCC firms up on order from University Grant Commission

The order for construction of new UGC Building Complex is approx Rs 270 crore

NBCC secures projects worth Rs 615 crore in August

NBCC had got a business of Rs 344.72 crore in July