NCC Share Price Up by 5%; BSE REALTY Index Up 0.2%
January 4, 2021 03:26 PM

NCC share price has zoomed 5% and is presently trading at Rs 64.

Meanwhile, the BSE REALTY Index is at 2,511 (up 0.2%).

Among the top Gainers in the BSE REALTY Index today is NCC (up 5.0%).

OBEROI REALTY (down 0.1%) and INDIABULLS REAL EST (down 0.1%) are among the top losers today.

Over the last one year, NCC has moved up from Rs 56 to Rs 64, registering a gain of Rs 8 (up 14.1%).

On the other hand, the BSE REALTY has moved up from 2,281 to 2,511, registering a gain of 230 points (up 9.8%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 42.2%), INDIABULLS REAL EST (up 24.0%) and OBEROI REALTY (up 11.1%).

What About the Benchmark Indices?

The BSE Sensex is at 48,194 (up 0.6%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 8.0%), ONGC (up 3.9%) and TCS (up 3.7%). Other gainers include HCL TECHNOLOGIES (up 3.0%) and TECH MAHINDRA (up 2.4%). The most traded stocks in the BSE Sensex are ONGC and TATA STEEL.

In the meantime, NSE Nifty is at 14,145 (up 0.9%). The top gainers in the NSE Nifty include TATA STEEL (up 8.3%), HINDALCO (up 7.0%) and EICHER MOTOR (up 4.6%). Other gainers include ONGC (up 4.1%) and TCS (up 3.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,254 to 48,194, registering a gain of 6,940 points (up 16.71%).

NCC Financial Update...

NCC net profit down at Rs 667 million for the quarter ended March 2020, compared to a loss of Rs 1 billion a year ago. Net Sales rose 2.3% to Rs 23.3 billion during the period as against Rs 22.8 billion in January-March 2019.

For the year ended March 2019, NCC reported 153.1% increase in net profit to Rs 6.8 billion compared to net profit of Rs 2.7 billion during FY18.

Revenue of the company grew 53.7% to Rs 129 billion during FY19.

The current Price to earnings ratio of NCC, based on rolling 12 month earnings, stands at 11.8x.