The likes of Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP and Assystem Stup that earlier bid for the project have dropped out.
Edelweiss is bullish on Nagarjuna Construction has recommended buy rating on the stock with a target price of Rs 121 in its research report dated May 23, 2017.
In March, not only India but also other emerging markets received good inflow of foreign money, the main catalyst for strong risk-on trade.
According to Independent Analyst Ambareesh Baliga, it is better to stick with the bigger boys like Larsen & Toubro or BHEL in infrastructure space.
YD Murthy, Exec VP-Finance, Nagarjuna Construction said the company at present has an order book of Rs 19500 crore and orders have picked up in Q2. However, interest costs have been quite high and amounted to Rs 100 crore in the second quarter of FY13.
Buy Arvind on dips, says Sudarshan Sukhani of s2analytics.com.
Technical analyst Sudarshan Sukhani of s2analytics.com sees no early signs of the Nifty breaking out in the November series. "Yesterday's price action in the Nifty gives nothing to us in terms of indication," he said in an interview.
Nagarjuna Construction EVP-finance, YD Murthy explains to CNBC-TV18 the various facets and highlights of the company‘s performance during the quarter.
Technical analyst Sudarshan Sukhani suggested traders to keep stop loss at 5,200 if they are willing to take the risk and maintain their long positions.
Buy Nagarjuna Construction around Rs 40- 41, says SP Tulsian, sptulsian.com.
SP Tulsian, sptulsian.com shares his view on IRB Infra.
GMR Infra has support at Rs 26-24, says Anil Manghnani, Modern Shares & Stock Brokers.
SP Tulsian of sptulsian.com analyses stocks like IGL, Exide, GVK, Reliance, Asahi India Glass, Kalyani Steel and Nagarjuna Construction.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
It is F&O expiry today, a tricky day for the traders. “During the expiry there is lot of volatility, one cannot predict how things will move and on which levels will it expire,” he told CNBC-TV18.
Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about how to approach the market now and comments on specific stocks. Check it out.
SP Tulsian, sptulsian.com shares his view on Nagarjuna Construction.
Indiabulls Real has potential to move up, says Sudarshan Sukhani of s2analytics.com.
Go long in NCC, says Sudarshan Sukhani, s2analytics.com.
Angel Broking is bullish on Nagarjuna Construction (NCC) and has recommended buy rating on the stock with a target price of Rs 75 in its November 4, 2011 research report.
NCC has reported less than expected numbers (on a standalone basis) in the quarter ended September FY12. Its standalone profit after tax fell 75% to Rs 11 crore in the second quarter of FY12 from Rs 46 crore in the corresponding quarter of last fiscal.
Nagarjuna Construction is looking good at current level, says SP Tulsian, sptulsian.com.
Angel Broking is bullish on Nagarjuna Construction (NCC) and has recommended buy rating on the stock with a target of Rs 82 in its August 16, 2011 research report.
SP Tulsian of sptulsian.com cautions that traders trying to identify the lower levels in stocks like KS Oil or Karuturi should avoid taking call on these kinds of stocks.
In an interview with CNBC-TV18, YD Murthy, CFO and executive vice-president (finance), said that company is confident of maintaining its net profit margin at 3.5% and topline guidance at Rs 72,00 crore in this fiscal.