President of India's Portfolio Navratna Company Secures Order Worth Rs 36,00,00,000 from NIT Patna: Stock Gains Over 360 per cent in Just 1 Year

The company’s shares have delivered an impressive return of over 360 per cent in the past 1 year only.

NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates in three major segments: Project Management Consultancy, Engineering Procurement & Construction, and Real Estate.

NBCC (India) Limited has recently been awarded the contract for Project Management Consultancy (PMC) to supervise the construction and development of an Incubation Centre at NIT Patna (Bihar Campus), Patna. The contract, awarded by the National Institute of Technology, Patna, is valued at Rs 36 crore.

NBCC (India) Limited shares closed the day at Rs 186.55 per share. The company’s current market capitalization stands at Rs 33,579 crore. The stock has delivered a return of over 360 per cent in just 1 year.

As per the Quarterly Results, in the fourth quarter of FY24, NBCC (India) Limited recorded a revenue of Rs 4024 crore. The operating profit for Q4 FY24 stood at Rs 243 crore. The net profit for Q4 FY24 was Rs 141 crore. Looking at the annual performance, the company generated a revenue of Rs 10433 crore in FY24, compared to Rs 8754 crore in FY23. The operating profit for FY24 was Rs 513 crore, with a net profit of Rs 414 crore.

Regarding the shareholding pattern, the promoters own 61.75 per cent of the company, while public or retail investors hold 23.98 per cent. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) own 4.33 per cent and 9.94 per cent, respectively.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.