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Subscribe to NBCC IPO for limited upside: Hem Securities

Hem Securities has come out with its analysis report on National Buildings Construction Corp (NBCC)'s IPO. The research firm has recommended subscribing to the issue for limited upside.

March 21, 2012 / 06:26 PM IST

Hem Securities has come out with its analysis report on National Buildings Construction Corp (NBCC)'s IPO. The research firm has recommended subscribing to the issue for limited upside.

National Buildings Construction Corp Ltd, is one of the few public sector companies engaged in the business of (i) project management consultancy services for civil construction projects (ii) civil infrastructure for power sector and (iii) real estate development.It is headquartered in New Delhi and in addition have 10 regional / zonal offices across India. The projects undertaken by Company are spread across 23 states and 1 union territory in India. In addition, it have also undertaken projects overseas. President of India acting through the MoUD, GoI holds 100% of company

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