NCC surges on reporting 2-fold jump in Q3 consolidated net profit
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NCC is currently trading at Rs. 94.85, up by 0.35 points or 0.37% from its previous closing of Rs. 94.50 on the BSE.
The scrip opened at Rs. 97.30 and has touched a high and low of Rs. 97.95 and Rs. 94.45 respectively. So far 576118 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 97.95 on 9-Feb-2023 and a 52 week low of Rs. 51.00 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 97.95 and Rs. 89.00 respectively. The current market cap of the company is Rs. 5977.10 crore.
The promoters holding in the company stood at 21.99%, while Institutions and Non-Institutions held 28.11% and 49.90% respectively.
NCC has reported results for third quarter ended December 31, 2022. (Q3FY23)
The company has reported rise of 64.76% in its net profit at Rs 149.88 crore for Q3FY23 as compared to Rs 90.97 crore for the corresponding quarter previous year. Total income of the company increased by 20.06% to Rs 3270.07 crore for the quarter under review as compared to Rs 2723.64 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 168.30 crore for Q3FY23 as compared to Rs 84.20 crore for the same quarter in the previous year. Total income of the company increased by 28.72% to Rs 3903.73 crore for the quarter under review as compared to Rs 3032.84 crore for the same quarter in the previous year.
