Navratna company NBCC (India) Ltd slipped 1.49% today after BSE Sensex recorded steep fall of 835.40 points to 74,475.66. NBCC share price on Bombay Stock Exchange (BSE) stood at Rs 80.00 per share. The company today bagged an order worth Rs 264.16 crore from NIT Kurukshetra. The PSU stock fell 13.92% year-to-date (YTD) and offered triple digit returns of 263.97% in last 2-years.
The stock underperformed the market in last 6-months as shares dived 32.75%. During the same tenure, Sensex slipped 8.18%, BSE Capital Goods Index declined 21.26% and BSE Industrials index edged lower by 22.89%. Meanwhile, the company has a market capitalisation of Rs 21,600.00 crore and shares offer return on equity (ROE) of 19.74%. Life Insurance Corporation of India (LIC) has 5.11% stake in NBCC for the December 2024 quarter. Check key details below:
NBCC Bags New Order
As per the regulatory filing of NBCC dated February 24, 2025, NBCC (India) Limited has recently been awarded an order worth Rs 264.10 crore for the construction of buildings i.e. academic block, hostel block, residential block, director’s residence, vertical extension of hostels and academic buildings and other external development work of NIT Kurukshetra at Kurukshetra (Haryana) to be undertaken under EPC mode.”
NBCC Shares Drop 42.82% From 52-Week High
The stock witnessed decline of 42.82% from 52-week high price of Rs 139.90 per share, if today’s last trading price of Rs 80 is taken into consideration.
Should You Buy NBCC Shares?
According to A R Ramachandran, SEBI registered Independent research analyst, “NBCC stock price is bearish on the Daily charts with strong resistance at 84.5. A Daily close below support of 78.8 could lead to a target of 72.5 in the near term.”
NBCC Dividend In 2025
NBCC on February 11, 2025 recommended an interim dividend for the Financial Year 2024-25 of Rs. 0.53 /- (i.e. 53%) per equity share of Rs. 1 each. NBCC shares traded ex-dividend on February 18, 2025.
NBCC Q3 Results
It declared the net profit for the quarter ended December 2024 at Rs 138.5 crore, up 25.1% year-on-year (YoY) as against Rs 110.7 crore announced in the corresponding quarter of last year. The company declared its consolidated revenue from operations for the December 2024 quarter at Rs 2827 crore, up 16.6% YoY as against Rs 2423.5 crore announced in same quarter of last year. The firm’s EBITDA (as operating level) stood at Rs 142 crore, up 22% as compared to Rs 116.8 crore an year ago. EBITDA margin improved by 5% for December 2024 quarter from 4.8%. The earning per share (EPS) of the company stood at Re 0.51 for December 2024 from Re 0.41 in December 2023 quarter.
NBCC Shares Performance
The 52-week high price of NBCC (India) Ltd shares on BSE is Rs 139.90 per share (as on 28/08/2024) and 52-week low price is Rs 70.14 per share (as on 14/03/2024), respectively. NBCC shares slipped 13.92% year-to-date, fell 16.36% in last 1-year, and offered returns of 248.13% in last 3-years. In last 5-years, the scrip surged 337.64% when Sensex zoomed 84.46%.
NBCC Dividend History
The PSU recommended a total of 16 dividends since August 30, 2012. In last 1-year, NBCC (India) recommended an equity dividend amounting to Rs 0.63 per share.
NBCC Bonus Shares History
It recommended 2 bonus shares since February 17, 2017. The PSU’s last bonus was recommended in the proportion of 1:2 with ex-date set as October 7, 2024.
Disclaimer: The stock has been picked from the brokerage report of AR Ramachandran. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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