NBCC gains on offering Rs 20 crore to operational creditors

NBCC gains on offering Rs 20 crore to operational creditors

by admin- Thursday, May 9th, 2019 03:56:29 PM

NBCC (India) is presently buying and selling at Rs. Fifty four.35, up via zero.35 factors or zero.65% from its preceding last of Rs. Fifty four.00 at the BSE.

The scrip opened at Rs. Fifty four.00 and has touched a high and occasional of Rs. 54.Forty five and Rs. 53.05 respectively. So a long way 225849 stocks have been traded on the counter.

The BSE institution ‘A’ inventory of face price Rs. 1 has touched a 52 week excessive of Rs. 104.40 on 09-May-2018 and a 52 week low of Rs. 46.55 on eleven-Dec-2018.

Last one week high and occasional of the scrip stood at Rs. Fifty nine.50 and Rs. Fifty three.05 respectively. The contemporary market cap of the company is Rs. 9765.00 crore.

The promoters preserving inside the business enterprise stood at sixty eight.18%, while Institutions and Non-Institutions held 17.30% and 14.52% respectively.

Seeking more than one concessions for acquiring bankrupt realty firm Jaypee Infratech, NBCC has provided to pay Rs 20 crore towards over Rs nine,712-crore dues of operational lenders, together with the income tax department and Yamuna Expressway improvement authority YEIDA.

A Committee of Creditors (CoC) is scheduled to fulfill on May 9, 2019 to talk about the revised offer of NBCC after lenders, such as bankers and domestic customers, rejected the provide of Mumbai-based Suraksha Realty.

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