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NCC soars as Rare Enterprises promoter hikes stake to 7.98%

29 Jun 2012 Evaluate

NCC is currently trading at Rs. 44.60, up by 4.50 points or 11.22% from its previous closing of Rs. 40.10 on the BSE.

The scrip opened at Rs. 41.70 and has touched a high and low of Rs. 44.70 and Rs. 41.55 respectively. So far 12,62,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 87.00 on 30-Jun-2011 and a 52 week low of Rs. 28.20 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 44.70 and Rs. 39.65 respectively. The current market cap of the company is Rs. 1,144.00 crore.

The promoters holding in the company stood at 19.56% while Institutions and Non-Institutions held 51.50% and 28.91% respectively.

Rekha Jhunjhunwala one of the promoter of Rare Enterprises and wife of ace investor Rakesh Jhunjhunwala has hiked its stake in the Hyderabad-based engineering and construction company - NCC (formerly known as Nagarjuna Construction Company). Rekha Jhunjhunwala has acquired 750,000 shares constituting 0.29% paid up capital of the company.

Pursuant to this acquisition, Rekha Jhunjhunwala holds a total of 2,05,00,000 shares of the company constituting 7.98% stake in the paid up capital of the company.

NCC is engaged in development of real estate. Its projects stand on credentials of its work in various sectors such as housing, transportation, power, water, metals and oil and gas.

NCC Share Price

169.85 -0.15 (-0.09%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
View more..

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