NBCC India Ltd (NSE: NBCC) Share: The state-owned NBCC India announced on Wednesday that it had received approval from the Noida Authority for the development of five Amrapali Projects worth Rs 10,000 crore.
The Greater Noida Authority has given NBCC (India) Limited in-principle permission to proceed with Amrapali’s existing projects, worth Rs 10,000 Crore. This was announced in a filing on the stock exchange.
The company’s shares have fallen by over 2.24 % yesterday and closed at Rs. 139.30.
What Are The Details Of This?
Greater Noida Authority has approved five projects for NBCC.
- Centurion Park, GH-05, Sector Tech Zone-IV, Greater Noida
- Golf Homes, GH-02, Sector-IV, Greater Noida
- Leisure Park, GH-01 Tech Zone-IV, Greater Noida
- Leisure Valley, GH-02, Tech Zone IV, Greater Noida
- Dream Valley, GH-09, Tech Zone-IV, Greater Noida.
We are pleased to inform you that NBCC has announced the sale of 5,000 residential units at several Amrapali Group projects for Rs 2,900 Crore in December 2023.
As per the directions of the Supreme Court, the stalled projects of Amrapali are being completed through NBCC (India) Limited. A separate entity called ‘Amrapali Blocked Project Investment Reconstruction Establishment (ASPIRE)’ was created for this purpose.
Shares Of The Company
On intraday, Wednesday, shares of NBCC India (India), a state-owned company, rose by 2.1%. Shares of the company reached Rs. 145.60. The stock dropped by over 2% and closed at Rs 139.30.
We are pleased to inform you that the company received a contract for Rs 560 crores on Tuesday, for the construction of a permanent campus of the National Institute of Technology in Sikkim.
About NBCC India Ltd Company
National Buildings Construction Corporation was established as a government of India public sector undertaking (PSU) in 1960 as an autonomous government body under the erstwhile Ministry of Works, Housing & Supplies (now Ministry of Urban Development).
Subsequently, NBCC was granted mini-ratna status by the DoPE of the Government of India.
Since 1977, NBCC has expanded its global operations by undertaking projects in Libya, Yemen, Bangladesh, Nepal, Mauritius, Turkey, Seychelles and Botswana.
Within India alone, projects include roads, bridges, hospitals, and medical colleges construction; as well as airports, railway stations office buildings for institutions; industrial & environmental structures construction, and operation & maintenance of water treatment plants chimneys & cooling towers assets owned by NBCC.
Fundamental Analysis of NBCC India Ltd
Market Cap | ₹ 25,056 Cr. |
Current Price | ₹ 139 |
52-wk High | ₹ 177 |
52-wk Low | ₹ 31.0 |
Stock P/E | 61.7 |
Book Value | ₹ 10.9 |
Dividend | 0.39 % |
ROCE | 26.4 % |
ROE | 19.0 % |
Face Value | ₹ 1.00 |
P/B Value | 12.7 |
OPM | 4.54 % |
EPS | ₹ 1.88 |
Debt | ₹ 0.08 Cr. |
Debt to Equity | 0.00 |
NBCC India Ltd Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹ 92 | ₹ 181 |
2025 | ₹ 200 | ₹ 231 |
2026 | ₹ 265 | ₹ 322 |
2027 | ₹ 395 | ₹ 419 |
2028 | ₹ 450 | ₹ 561 |
2029 | ₹ 600 | ₹ 680 |
2030 | ₹ 700 | ₹ 900 |
NBCC India Ltd Shareholding Pattern
Promoters Holding | |
Dec 2022 | 61.75% |
Mar 2023 | 61.75% |
June 2023 | 61.75% |
Sept 2023 | 61.75% |
Dec 2023 | 61.75% |
FII Holding | |
Dec 2022 | 3.36% |
Mar 2023 | 3.43% |
June 2023 | 3.84% |
Sept 2023 | 4.14% |
Dec 2023 | 4.46% |
DII Holding | |
Dec 2022 | 10.90 |
Mar 2023 | 10.61 |
June 2023 | 10.33% |
Sept 2023 | 10.21% |
Dec 2023 | 10.41% |
Public Holding | |
Dec 2022 | 24.00% |
Mar 2023 | 24.21% |
June 2023 | 24.09% |
Sept 2023 | 23.89% |
Dec 2023 | 23.37% |
NBCC India Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 7,245 Cr |
2020 | ₹ 5,210 Cr |
2021 | ₹ 4,947 Cr |
2022 | ₹ 5,547 Cr |
2023 | ₹ 7,246 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 384 Cr |
2020 | ₹ 80 Cr |
2021 | ₹ 202 Cr |
2022 | ₹ 183 Cr |
2023 | ₹ 338 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 0 |
2020 | 0 |
2021 | 0 |
2022 | 0 |
2023 | 0 |
Last 10 Years’ Profit Growth:
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 65% |
Current Year: | 11% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 18% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 19% |
Sales Growth Over 10 Years:
10 Years: | 8% |
5 Years: | 3% |
3 Years: | 9% |
Current Year: | 15% |
Conclusion
This article is a complete guide about NBCC (India) Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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