My Dashboard
Fin. Planning
Our Solutions
Stocks
Funds
Invest in the best stock opportunities right now and every time.
Start Systematic Stock Investing …in less than a minute.
NCC, infrastructure and construction company is planning to reduce its corporate debt of Rs 3,900 crore by about 50% during the current financial year. It is in negotiations process for divestment of stake in two road assets, for the debt repayment. With the divestment of stake, the debt will get passed on to the buyer of assets.
The Hyderabad-based company is also planning to rope in strategic partner for its joint venture power project coming up at Krishnapatnam in Andhra Pradesh. As of the financial year end, NCC has total debt of Rs 3,900 crore, including Rs 2,230 crore on standalone basis.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 2123.50 |
| Rail Vikas Nigam | 70.45 |
| KEC International | 434.70 |
| NCC | 79.55 |
| Ircon International | 64.80 |
| View more.. | |
