NBCC: Weak margins, muted pace of real estate monetisation key overhangs

The stock has already corrected by almost half in the last one year (a third since January highs). But, as the outlook remains weak, it could continue to lag

Ujjval Jauhari | New Delhi Last Updated at July 20, 2020 19:07 IST

Public sector company, NBCC with a strong order book of Rs 70,000 crore, which provides almost 9 years of revenue visibility, may seem well-placed for strong growth. However, the challenges on project execution are keeping concerns elevated.

The stock has already corrected by almost half in the last one year (a third since January highs). But, as the outlook remains weak, it could continue to lag. The execution concerns have increased looking at headwinds on labour availability and a weak economy, which will pose challenges in monetising assets in the 'self-revenue ...

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First Published: Mon, July 20 2020. 19:07 IST

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NBCC: Weak margins\, muted pace of real estate monetisation key overhangs

NBCC: Weak margins, muted pace of real estate monetisation key overhangs

The stock has already corrected by almost half in the last one year (a third since January highs). But, as the outlook remains weak, it could continue to lag

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs

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