DSIJ Mindshare

The company has delivered returns of 66 per cent over the past year and great returns of 111 per cent over the past 3 years

The shares of the company have a ROE of 20 per cent and a ROCE of 26.2 per cent. Also, the company has been maintaining a healthy dividend payout of 44.4 per cent

According to the quarterly results, the net sales increased by 7 per cent to Rs 1,918 crore, the operating profit increased by 9.62 per cent to Rs 57 crore and the net profit skyrocketed to 1,640 per cent to Rs 77 crore in Q1FY24 over Q1FY23. The company also reported excellent numbers in its annual results.

On Friday, shares of NBCC (India) Ltd zoomed 2.41 per cent to Rs 48.78 per share from its previous closing of Rs 47.63 with an intraday high of Rs 51.20 and low of Rs 48.50. The stock also traded at a new 52-week high of Rs 51.20 per share with a spurt in volume by more than 1.12 times on BSE.

On Friday, shares of NBCC (India) Ltd zoomed 2.41 per cent to Rs 48.78 per share from its previous closing of Rs 47.63 with an intraday high of Rs 51.20 and low of Rs 48.50. The stock also traded at a new 52-week high of Rs 51.20 per share with a spurt in volume by more than 1.12 times on BSE.