NBCC Hits 52-Week Low Post Q1 Results; Stock Down 13% - Dollar Advisory Services : Best Research Advisory Firm

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Home best stock advisory in indore commodity advisory firm dollar advisory company indore advisory research advisory firm sebi register advisory firm in indore top 10 advisory firm in indore NBCC Hits 52-Week Low Post Q1 Results; Stock Down 13%

NBCC Hits 52-Week Low Post Q1 Results; Stock Down 13%

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NBCC plunged as much as 13.7 percent in the morning trade on August 9. The stock hit its 52-week low of Rs 34.35 on the BSE after the state-owned company reported a 39 percent decline in consolidated net profit for the quarter ended June 30. The company reported a net profit of Rs 51 crore, against s 82.85 crores in the year-ago period. The company reported a total consolidated net income of Rs 1,941.73 crore for the June quarter, a dip of 16 percent from Rs 2,307.81 crore recorded in Q1FY19.

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