NCC zooms as its consolidated net profit doubles in Q1FY23
NCC is currently trading at Rs. 66.90, up by 3.30 points or 5.19% from its previous closing of Rs. 63.60 on the BSE.
The scrip opened at Rs. 64.50 and has touched a high and low of Rs. 67.20 and Rs. 64.50 respectively. So far 302511 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 88.50 on 09-Aug-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. 67.20 and Rs. 60.15 respectively. The current market cap of the company is Rs. 4156.34 crore.
The promoters holding in the company stood at 21.99%, while Institutions and Non-Institutions held 20.83% and 57.18% respectively.
NCC has reported over 2-fold jump in its net profit at Rs 120.03 crore for the quarter ended June 30, 2022 as compared to Rs 51.74 crore for the same quarter in the previous year. Total income of the company increased by 56.36% at Rs 2,989.73 crore for Q1FY23 as compared Rs 1,912.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over two and a half fold jump in its net profit at Rs 137.40 crore for the quarter ended June 30, 2022 as compared to Rs 53.93 crore for the same quarter in the previous year. Total income of the company increased by 60.85% at Rs 3,350.91 crore for Q1FY23 as compared Rs 2,083.21 crore for the corresponding quarter previous year.