NCC share price has zoomed 4% and is presently trading at Rs 334.5.
Meanwhile, the BSE REALTY index is at 8,779.7 (down 1.0%).
Among the top gainers in the BSE REALTY index today are Sobha (up 3.0%) and Phoenix Mill (up 0.4%).
Brigade Enterprises (down 2.3%) and INDIABULLS REAL EST (down 1.8%) are among the top losers today.
Over the last one year, NCC has moved up from Rs 122.1 to Rs 334.5, registering a gain of Rs 212.4 (up 174.0%).
On the other hand, the BSE REALTY index has moved up from 4,117.2 to 8,779.7, registering a gain of 113.2% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 289.1%), PRESTIGE ESTATES (up 252.5%) and INDIABULLS REAL EST (up 159.9%).
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The BSE Sensex is at 77,610.4 (up 0.3%).
The top gainers among the BSE Sensex today are Ultratech Cement (up 1.7%) and HDFC Bank (up 1.1%). The most traded stocks in the BSE Sensex are ICICI Bank and HDFC Bank.
In the meantime, NSE Nifty is at 23,586.7 (up 0.2%). Ultratech Cement and HDFC Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,610.4, registering a gain of 14,087.3 points (up 22.2%).
NCC net profit grew 20.9% YoY to Rs 2,383 million for the quarter ended March 2024, compared to a profit of Rs 1,971 million a year ago. Net sales rose 31.0% to Rs 64,849 million during the period as against Rs 49,490 million in January-March 2023.
For the year ended March 2023, NCC reported 30.8% increase in net profit to Rs 6,462 million compared to net profit of Rs 4,940 million during FY22. Revenue of the company grew 39.6% to Rs 155,534 million during FY23.
The current Price to earnings ratio of NCC, based on rolling 12 month earnings, stands at 28.6.
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