The state-owned company reported a 39 percent decline in consolidated net profit for the quarter ended June 30 at Rs 51 crore.
Net Sales are expected to increase by 19.4 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 1,950 crore, according to Reliance Securities.
The total estimated costs of these projects are Rs 700 crore (approximately), the company said.
The order to construct Mahatma Gandhi Convention Centres is worth Rs 2,000 crore.
The state-owned construction company has fixed April 26 as record date for determining the shareholders entitled for sub-division of equity shares.
"Nifty has formed Bullish Candles for three consecutive days. Index might face strong hurdle around 10430-10455 levels i.e. 100 and 50 SMA respectively," says Rajesh Agarwal of AUM Capital.
"The Nifty has taken support around its major moving average of 200 SMA i.e. 10,160 levels which might work as strong support zone in near term. Sustenance trade below 10140 marks may drag Index further lower till 9,900-10,000 zones," says Rajesh Agarwal of AUM Capital.
Some stability in the global market, non-redemption in MF and availability of market at bargaining price can provide some support to the domestic market in the near-term.
If we (Government of Maharashtra and NBCC) succeed to get this (Dharavi) project, it will be a construction history to redevelop the largest slum of the Asia, said Anoop Kumar Mittal, Chairman, NBCC.
In an interview to CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC (India) spoke about the Bharatmala Project.
All the projects will be technology-based and not the regular brick and mortar, said Anoop Kumar Mittal, Chairman, NBCC
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, National Aluminium Company, Dr Reddy's Laboratories and Gujarat State Petronet Limited and can sell Jet Airways and Mahindra & Mahindra.
NBCC has announced that it has given an order worth Rs 2,150 crore to Shapoorji Pallonji. In an interview to CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC spoke about the latest happenings in his company and sector.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
In an interview to CNBC-TV18, Anoop Kumar Mittal, CMD of NBCC spoke about the latest happenings in his company and sector. "For the next two-three years I am expecting minimum 12-15 percent topline growth for HSCL", he said.
In a couple of weeks, another set of CPSE land would be on offer, said Anoop Kumar Mittal, CMD, NBCC,