I have recommended a BUY on NBCC @ Rs.95 on 18 April 2012 .( Old posting HERE) .Today stock hits its life time high @ Rs.194 ,an appreciation of 100 % in nine months.Recommending to SELL 50 % of the original quantity and HOLD the remaining 50 % as cost free.
Showing posts with label NBCC. Show all posts
Showing posts with label NBCC. Show all posts
Tuesday, 8 January 2013
Thursday, 8 November 2012
NITTA GELATINE
CMP Rs.195 ,Recommended @ Rs.87.Company reported a net profit of Rs.6.5 Cr v/s Rs. 70 lakhs for September quarter compared with same period last year .Recommending to HOLD
Old posting HERE
NBCC
CMP Rs.146 ,Recommended @ Rs.95 reported an 80% jump in net profit for September quarter compared with same period last year .Recommending to HOLD
Old posting HERE
MULTIBASE
CMP Rs.41 ,Recommended @ Rs.35 reported more than 100 % jump in net profit for September quarter compared with same period last year .Recommending to HOLD
Old Posting HERE
CMP Rs.195 ,Recommended @ Rs.87.Company reported a net profit of Rs.6.5 Cr v/s Rs. 70 lakhs for September quarter compared with same period last year .Recommending to HOLD
Old posting HERE
NBCC
CMP Rs.146 ,Recommended @ Rs.95 reported an 80% jump in net profit for September quarter compared with same period last year .Recommending to HOLD
Old posting HERE
MULTIBASE
CMP Rs.41 ,Recommended @ Rs.35 reported more than 100 % jump in net profit for September quarter compared with same period last year .Recommending to HOLD
Old Posting HERE
Wednesday, 18 April 2012
NATIONAL BUILDINGS CONSTRUCTION CORPORATION LTD. is a newly listed PSU company. operating in Project Management consultancy (PMC), Real estate development and Civil infrastructure.It is one of the rare listed companies concentrating in PMC.Almost 85% of its total turnover is from PMC which is a high margin business compared with the rest.Under the PMC segment , company is offering management and consultancy services for civil construction projects related with road,water,Hospitals ..etc.Company having proven experience in this field and many reputed names in their client list includes Ministry of Defense, Ministry of Home Affairs Ministry of External Affairs, MoUD, Ministry of Commerce and Industry, Ministry of Corporate Affairs, Ministry of Finance, Haryana Urban Infrastructure Development Board, IIT Roorkee, IIT Kharagpur, IIT Patna,BHEL,NTPC..etc. In real estate segment,company having 125 Acre land assets in prime locations across 10 states and 9 projects are under various stages of executions.Since it is a PSU under Ministry of Urban Development company is getting priority from Government undertakings which is big positive especially at a time of slow growth in infrastructure sector.At present ,company having an order book of more than Rs.10000 Cr. It is a debt free company with a cash reserve of Rs.1360 Cr t as on March 2011. On the other hand ,there may be delay in receiving payments due to the over dependency on Government orders. In the last FY , company posted a turnover of Rs.3126 Cr and a net profit of Rs.140Cr.On the post issue equity ,last year EPS is Rs.12/-. Considering all these factors reasonable appreciation is possible from current level of Rs.95/-
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