Why NBCC India's order wins are no longer exciting its shareholders
The stock has lost more than half its value since March 2017, even while order backlog has been growing.The management expects performance to recover in the second half of FY20, helped by better execution
NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
This is to inform that NBCC (India) Limited has been entrusted by Ministry of Environment, Forest and Climate, Government of India to provide Principle Project Consultancy and Executing agency for the Development of the National Museum of Natural History at Bhairon Marg, New Delhi. The estimated project cost is Rs. 500 crore (approx.). The aforesaid information is also available on the website of the Company at http://www.nbccindia.com/webEnglish/announcementNotices.aspx NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 read with Part A of schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to our letter dated November 11, 2019 in respect of investor conference call, please find enclosed herewith the transcript of discussion taken up on conference call. The aforesaid information is also disclosed on the website of the company https://www.nbccindia.com/webEnglish/announcementNotices NBCC falls as BofAML downgrades stock
BofA-ML cut ratings on NBCC to underperform' from buy' earlier. NBCC (India) Ltd - 534309 - General Updates Regarding Takeover Of Jaypee Infratech Limited By NBCC
Pursuant to the directions of Hon'ble Supreme Court order dated November 06, 2019 passed in the matter of Jaiprakash Associates Ltd. & Anr. Vs. IDBI Bank Ltd. & Anr., the Interim Resolution Professional of JIL has invited Resolution Plan from NBCC. It is hereby informed that NBCC has submitted the Resolution Plan for Jaypee Infratech Limited (JIL) on November 17, 2019 with respect to the Corporate Insolvency Resolution Process of JIL. This is for your information and record. The aforesaid information is also disclosed on the website of the company http://www.nbccindia.com/nbccindia/nroot/njsp/InvestorNotices.jsp
Jaypee Infra resolution: NBCC offers 1,426 acres to banks
NBCC had previously offered around 950 acres to the banks.Further, it has also offered 100 per cent shareholding of the Expressway SPV NBCC in a fresh bid for Jaypee Infra, may keep unsold flats of Rs 1,750 cr
This was one of the reasons for lenders voting out the NBCC's resolution plan in June this year NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of the SEBI ((Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly find enclosed herewith a copy of the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2019 as published in the newspapers on November 15, 2019. NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
This is to inform that NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh (AP) at Vijaywada on November 15, 2019. Under this MoU, Government of Andhra Pradesh has retined NBCC as Project Management Consultancy for monetization of their vacant land parcels across the state and also implementing the Govt of AP Flagship Programmes including infrastructure works across the state utilizing the funds generated out of commercial exploitation of land. The aforesaid information is also disclosed on the website of the company at http://www.nbccindia.com/webEnglish/announcementNotices.aspx NBCC (India) Ltd - 534309 - General Updates On Amrapali Case
This is in continuation to our previous letters dated September 14, 2018, October 4, 2018 and July 24, 2019, on the Amrapali works wherein it was informed that the Hon''ble Supreme Court of India has appointed NBCC to develop these projects and fixed the project management fees at 8%. The value of the work has been estimated at Rs. 8361 crore and the same has also been informed to Hon'ble Supreme Court and execution of the work is in progress under the guidance of learned court receiver Mr. R Venkataramani, Senior Advocate.