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NCC rises on plan to divest stake held in Road Projects SPVs

18 Jun 2015 Evaluate

NCC is currently trading at Rs. 81.45, up by 1.50 points or 1.88% from its previous closing of Rs. 79.95 on the BSE.

The scrip opened at Rs. 80.55 and has touched a high and low of Rs. 83.00 and Rs. 80.50 respectively. So far 5,48,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 118.20 on 07-Apr-2015 and a 52 week low of Rs. 34.20 on 26-Sep-2014.

Last one week high and low of the scrip stood at Rs. 83.00 and Rs. 67.10 respectively. The current market cap of the company is Rs. 4,536.00 crore.

The promoters holding in the company stood at 20.65% while Institutions and Non-Institutions held 42.51% and 36.85% respectively.

NCC is making efforts to divest the stake held in the Road Projects Special Purpose Vehicles (SPVs) - Western UP Tollway and Bangalore Elevated Tollway. The proceeds of the stake sale will be utilized for bringing down the debt level. The said SPVs are held through company’s subsidiary - NCC Infrastructure Holdings.

NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.


NCC Share Price

168.80 -1.05 (-0.62%)
11-May-2026 13:53 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3949.00
Rail Vikas Nigam 298.55
NCC 168.80
KEC International 588.55
Kalpataru Projects 1265.00
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