Introduction
The engineering and construction sector of the stock market has recently witnessed significant activity, particularly in the NCC share company. This article will provide an overview of the company’s current position in the stock market, recent orders received, and the potential impact on the company’s performance.
NCC Ltd
NCC Ltd, originally known as Nagarjuna Construction Corporation Limited, was established in 1978 in Hyderabad, Telangana. The company operates in various sectors, including building, house, road construction, electric, water, and environment. With a strong track record, NCC Ltd has completed 490 building projects and worked in over 25,000 villages in the electric field. The company boasts a workforce of 11,000 employees and extensive experience in constructing 20,000 kilometers of water pipelines.
Current Status of NCC Share
The market capitalization of NCC share company is 10,830.35 Crore, with a promoter holding of 22%. The company currently has a debt of 979.57 Crore. NCC Ltd has maintained a track record of dividend payments to its investors, with a yield of 1.3%. Additionally, the company has a free cash availability of 645.63 crores. Sales growth stands at 34.45%, profit growth at 16.14%, ROE at 9.41%, and ROCE at 18.13%.
Return Information
NCC share company has demonstrated impressive returns for its investors. Over the past 10 years, the company has provided returns of 1362%. In the last 5 years, the returns stood at 74%, while the last 3 years saw returns of 71.4%. In the last 2 years, returns were 120%, and in the last 1 year, returns reached 139%. Even in the last 6 months, the company has yielded returns of 89%. These consistent returns make NCC Ltd an attractive investment option.
8,398 Crore New Orders
In June 2023, NCC share company reported weaker quarterly results compared to the previous quarter. However, the company’s annual growth remains strong. Excitingly, NCC Ltd has recently secured four new orders, amounting to a total of 8,398 crores. These new orders are expected to positively impact the company’s future performance and contribute to its growth trajectory. Moreover, if the company reduces its promoter holding and debt in the future, it can further enhance its prospects.
Disclaimer: The information provided in this news article is for informational purposes only. Investing in the stock market involves risks, and it is advised to seek expert opinion before making any investment decisions.
