Nbcc (india) Sells 560 Residential Flats Worth Rs 1,153 Crore Via E-auction; Stock Up 3%

NBCC (India) Ltd informed exchanges connected Friday that it sold 560 residential units astatine Aspire Leisure Park, Greater Noida (West), Uttar Pradesh, done an e-auction astatine full waste worth of astir Rs 1,153.13 crore. NBCC will get trading interest of 1 per cent of waste value, it added.

Before this, nan state-run patient sold 1,185 residential units astatine Aspire Dream Valley, Ph-III, Greater Noida (W) U.P. via an e-auction astatine full waste worth of astir Rs 1,504.69 crore.

NBCC shares coming jumped 3.41 per cent to deed a precocious of Rs 90. The banal past seen trading 2.25 per cent higher astatine Rs 88.97. At this price, it has corrected 22 per cent successful nan past six months.

The scrip saw precocious trading measurement connected BSE arsenic astir 22.09 lakh shares changed hands astatine nan clip of penning this story. The fig was higher than nan two-week mean measurement of 11.73 lakh shares. Turnover connected nan antagonistic came astatine Rs 19.51 crore, commanding a marketplace capitalisation (m-cap) of Rs 24,016.50 crore.

Technically, nan scrip traded higher than nan 5-day, 10-, 20-, 30-, 50-day and 100-day elemental moving averages (SMAs) but little than nan 150-day and 200-day SMAs. Its 14-day comparative spot scale (RSI) came astatine 61.66. A level beneath 30 is defined arsenic oversold while a worth supra 70 is considered overbought.

The banal has a price-to-equity (P/E) ratio of 54.56 against a price-to-book (P/B) worth of 10.74. Earnings per stock (EPS) stood astatine 1.63 pinch a return connected equity (RoE) of 19.74. According to Trendlyne data, NBCC has a one-year beta of 1.6, indicating precocious volatility.

NBCC, erstwhile National Buildings Construction Corporation, is simply a nationalist assemblage undertaking patient nether nan Ministry of Housing and Urban Affairs. As of December 2024, nan authorities held a 61.75 per cent liking successful nan company.