INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on NBCC (India) Ltd
with a target price of Rs 60
The current market price of NBCC (India) Ltd
Time period given by the analyst is Intra Day when NBCC (India) Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 53.5 NBCC (India) Ltd., incorporated in 1960, is a midcap company with a market cap of Rs
10035.00 crore.
NBCC (India) Ltd
key Products/Revenue Segments include Income from Project Development which contributed Rs 5339.33 Crore to Sales Value (90.42 % of Total
Sales), Income From Construction Work which contributed Rs 507.14 Crore to Sales Value (8.58 % of Total Sales), Other Operating Revenue
which contributed Rs 33.32 Crore to Sales Value (0.56 % of Total Sales) and Income From Real Estate Development which contributed Rs 25.23
Crore to Sales Value (0.42 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1366.41 Crore, down -25.90 % from last quarter Sales
of Rs 1844.03 Crore and up 3.57 % from last year same quarter Sales of Rs 1319.25 Crore Company has reported net profit after tax of Rs
72.55 Crore in latest quarter
The company’s top management includes Dr.Anoop Kumar Mittal, Major Gen.T M Mhaisale, Mr.Ashok Khurana, Mr.C R Raju, Mr.C Subba Reddy,
Mr.Manoj Kumar, Mr.Neelesh Kumar Shah, Mr.Rajendra R Chaudhari, Mr.Rajendrasinh G Rana, Mr.Sairam Mocherla, Mrs.Jhanja Tripathy
Company has Jagdish Chand Co
as its auditoRs As on 30-09-2018, the company has a total of 1,800,000,000 shares outstanding.
