NCC Share Price Up by 5%; BSE REALTY Index Up 1.2%
May 10, 2021 02:06 PM

NCC share price has zoomed 5% and is presently trading at Rs 81.

Meanwhile, the BSE REALTY Index is at 2,484 (up 1.2%).

Among the top Gainers in the BSE REALTY Index today are NCC (up 5.1%) and MAHINDRA LIFESPACE (up 6.6%).

GODREJ PROPERTIES (down 0.2%) and PRESTIGE ESTATES (down 0.6%) are among the top losers today.

Over the last one year, NCC has moved up from Rs 23 to Rs 81, registering a gain of Rs 57 (up 245.4%).

On the other hand, the BSE REALTY has moved up from 1,325 to 2,484, registering a gain of 1,159 points (up 86.7%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were MAHINDRA LIFESPACE (up 184.7%), SOBHA (up 175.6%) and GODREJ PROPERTIES (up 105.8%).

What About the Benchmark Indices?

The BSE Sensex is at 49,617 (up 0.7%).

The top gainers among the BSE Sensex stocks today are L&T (up 3.6%), SUN PHARMA (up 2.7%) and TATA STEEL (up 2.6%). Other gainers include ONGC (up 2.3%) and INDUSIND BANK (up 2.1%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 14,965 (up 0.9%). The top gainers in the NSE Nifty include COAL INDIA (up 6.0%), UPL (up 5.4%) and HINDALCO (up 4.9%). Other gainers include DIVIS LABORATORIES (up 3.9%) and L&T (up 3.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,686 to 49,617, registering a gain of 17,931 points (up 56.45%).

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 14.9x.