NCC trades higher on reporting 13% rise in Q2 consolidated net profit
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NCC is currently trading at Rs. 72.15, up by 0.25 points or 0.35% from its previous closing of Rs. 71.90 on the BSE.
The scrip opened at Rs. 73.10 and has touched a high and low of Rs. 73.60 and Rs. 72.10 respectively. So far 60259 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.85 on 09-Nov-2021 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. 75.00 and Rs. 71.45 respectively. The current market cap of the company is Rs. 4551.89 crore.
The promoters holding in the company stood at 21.99%, while Institutions and Non-Institutions held 25.90% and 52.11% respectively.
NCC has reported rise of 16.66% in its net profit at Rs 121.63 crore for second quarter ended September 30, 2022 as compared to Rs 104.26 crore for the corresponding quarter previous year. Total income of the company increased by 36.58% to Rs 3036.50 crore for the quarter under review as compared to Rs 2223.27 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 12.69% in its net profit at Rs 137.54 crore for second quarter ended September 30, 2022 as compared to Rs 122.05 crore for the same quarter in the previous year. Total income of the company increased by 30.92% to Rs 3405.00 crore for the quarter under review as compared to Rs 2600.87 crore for the same quarter in the previous year.
