This civil construction company receives order worth Rs 50.67 crore from Navodaya Vidyalaya Samiti!
The company has a ROCE of 20.8 per cent with a ROE of 19.8 per cent.
NBCC (India) Limited, a Navratna enterprise under the Ministry of Housing and Urban Affairs, is a government-owned company. The company operates in three primary segments, namely project management consultancy, engineering procurement & construction and real estate.
NBCC (India) Ltd, on June 20, 2023, announced that it has secured a contract from Novodaya Vidyalaya Samiti to construct an MP Hall at Jawahar Navodaya Vidyalaya (JNV) in multiple locations across Bihar, Jharkhand and Uttar Pradesh. The project is scheduled to be completed within a period of 12 months, with the total order size amounting to Rs 50.67 crore.
DSIJ offers a service 'Mid Bridge' with recommendations for Mid-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here
The company has delivered great returns of 50 per cent over the past 1 year and returns of 73 per cent over the past 3 years. Additionally, the company has a ROCE of 20.8 per cent with a ROE of 19.8 per cent. Moreover, the company has a healthy dividend payout ratio of 44.4 per cent.
On Tuesday, shares of the company plunged by 0.19 per cent to trade at Rs 41.10.
Investors should keep a close eye on this trending stock!
Related articles
-
Rs 1,20,533 Crore Order Book: Civil Construction Company Reports Stellar Results & Announces 14 Per Cent Dividend
-
Promoter bought 23,91,304 shares: Penny EV stock under Rs 50 in focus on major updates; Trades at low PE
-
Rs 1 Lakh Crore Order Book: Civil Construction Company Bags Orders Worth Rs 161.55 Crore from Power Finance Corporation Limited
-
Rs 1,00,000 Crore Order Book: Civil Construction Company Incorporated Wholly Owned Real Estate Subsidiary in Dubai Mainland, UAE with AED 10,00,000 Capital
-
Rs 1,00,000 Crore Order Book: Civil Construction Company Bags Orders Worth Rs 95.66 Crore From Sushma Swaraj Institute of Foreign Service