Why NBCC Lost 80% Of Its Market Value In Two Years
Buildings stand in a construction site at the East Kidwai Nagar General Pool Residential Accommodation (GPRA) Redevelopment Project, redeveloped by National Buildings Construction Corp. (NBCC), stands in the background in Delhi. (Photographer: Ruhani Kaur/Bloomberg)

Why NBCC Lost 80% Of Its Market Value In Two Years

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Shares of NBCC Ltd. tumbled earlier this year after the Supreme Court ordered the state-run developer to finish the stalled projects of insolvent Amrapali Group.Investors were worried that the cour...
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