Multibagger penny stock with Rs 55,300 crore order book: President Droupadi Murmu inaugurates tallest wooden flag post in India made by this civil construction company!
The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex is up by 16.9 per cent.
In a momentous ceremony on December 21, 2023, President Droupadi Murmu unveiled India's towering new landmark – a 120-foot wooden replica flag post built by NBCC (India) Ltd at Rashtrapati Nilayam Hyderabad. This magnificent structure, now the tallest of its kind in India, stands as a testament to NBCC's exceptional craftsmanship and swift execution. Notably, the project was completed ahead of schedule, earning the President's praise for NBCC's commendable efforts. This remarkable feat not only strengthens India's national pride but also showcases the exceptional skills and dedication of its builders.
Earlier, the company bagged multiple orders worth Rs 1,679.70 crore. Here are the details:
Order No. 1 - Construction of permanent building of composite regional centre (CRC) at Samba, Jammu, UT of J&K. The order is received from Pt. Deendayal Upadhyaya National Institute for Persons with Physical Disabilities (Divyangjan), PDUNIPPD(D) and is worth Rs 29.7 crore.
Order No. 2: Various construction and renovation work at SAIL DSP, Durgapur. The order is received from the Steel Authority of India Ltd (SAIL) and is worth Rs 150 crore.
Order No. 3: Construction of 1,469 nos. of warehouses and other agri infrastructure under the world's largest grain storage plan in the cooperative sector at various locations across India. The order is received from the National Cooperative Development Corporation (NCDC) statutory Corporation under the Ministry of Cooperation/ Primary Agriculture Cooperative Society (PACS) in various States. And is worth Rs 1,500 crore.
Order Book: The company's standalone order book stands at Rs 44,700 crore while its consolidated order book stands at Rs 55,300 crore. The consolidated new order secured in the current FY23-24 is Rs 7,094 crore. The order book is 6 per cent to 8 per cent margin.
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. The company has a market cap of over Rs 14,000 crore.
On Friday, shares of NBCC (India) Ltd gained 0.18 per cent to Rs 78.42 per share with an intraday high of Rs 78.94 and an intraday low of Rs 76.8. The company has been maintaining a healthy dividend payout of 44.4 per cent. The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex is up by 16.9 per cent. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'Multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
Related articles
-
Rs 70,000 crore order book: LIC-backed multibagger civil construction stock in focus as company to increase the authorized share capital from Rs 200 crore to Rs 1,000 crore
-
Rs 70,000 crore order book: This multibagger civil construction company bags orders worth Rs 23,500 crore in FY24; a growth of over 250 per cent!
-
Rs 55,300 crore order book: This multibagger civil construction company bags new orders worth Rs 369,05,00,000 from Jhansi, Telangana and Uttar Pradesh
-
Rs 55,300 crore order book: This multibagger civil construction company receives new orders worth Rs 1,500 crore from National Cooperative Development Corporation!
-
President of India’s portfolio gains Rs 666,94,74,558 from this multibagger penny stock in just 1 day with Rs 55,300 crore order book; scrip hit 52-week high!
-
Rs 823 crore order book: Multibagger civil construction company incorporates a new subsidiary in State of Miami, Florida, USA – details inside!
-
Rs 85,000 crore order book: This multibagger railway infra company incorporated subsidiary company in DUBAI; details inside!
-
Rs 7,102 crore order book: Multibagger railway wagons company achieves significant milestones in battery technology for Indian Railways
-
Rs 70,000 crore order book: This multibagger civil construction company bags new orders worth Rs 100 crore from REC Ltd
-
Multibagger solar EPC & EV manufacturing company allotted additional 250 MW for GUVNL’s Battery Energy Storage Project taking its total BESS order book to over Rs 3,100 crore
-
Abu Dhabi Investment Authority bought 5,60,875 shares of this multibagger defence stock with a Rs 600 crore order book; Scrip hit 52-week high!
-
Promoter allocated 15,25,000 warrants & non-promoters allocated 46,58,735 warrants of this multibagger solar EPC & EV manufacturing stock with Rs 1,783 crore order book
-
Rs 14,750 Crore Order Book: This Multibagger Railway Wagons Company Commences Trainset Production for Bengaluru Metro's Yellow Line
-
Rs 70,000 crore order book: This multibagger civil construction company bags new orders worth Rs 1,369.62 crore from various clients; Stock up by 4.9 per cent!
-
Rs 4,75,800 crore order book: LIC-backed multibagger civil construction company bags offshore order between Rs 2,500 to Rs 5,000 crore from ONGC
-
Rs 70,000 crore order book: This multibagger civil construction company bags new orders worth Rs 878.17 crore from various clients!
-
Rs 823 crore order book: Multibagger civil construction stock in green as it acquires another ultra-luxurious residential project in Mumbai's premium location at BKC
-
Rs 1,783 crore order book & promoter increase stake: Multibagger solar EPC & EV manufacturing stock in green as it appoints an Independent Director and an Executive Director; details inside!
-
Rs 38,389 crore order book: President of India backed debt-free multibagger shipbuilding stock gains 15 per cent; PAT zooms over 100 per cent!
-
Rs 70,000 crore order book: This multibagger civil construction company bags new orders worth Rs 491.45 crore from various clients!