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The company primarily operates in the Nordic region, competing with firms such as AF Gruppen, Skanska, Peab, Per Aarsleff, Veidekke, and YIT.
Recommendation: Buy; Target price: ₹275
Recommendation: Buy; Target Price: Rs 182
According to an exchange report by NCC Ltd., revenue from operations increased 40% to Rs 4,719.61 crore during the quarter as the company enjoyed the fruits of its record order wins in 2022–2023.
Backed by strong order wins over the past six quarters, NCC has seen its order book (OB) expanding to ~Rs646bn as on date (4.5x on trailing 12m revenue).
The contracts, awarded to NCC's electrical division, involve electrical metering and distribution projects.
Recommendation: Buy; Target Price: Rs 140
The company stated that the said order relates to Building Division.
The company received these orders from Central / State Government Agencies and does not include any internal orders.
This order is procured by the building arm of the company.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.