Manas Jaiswal of manasjaiswal.com has a buy call on NBCC (India) Ltd.

with a target price of Rs 60.

The current market price of NBCC (India) Ltd.

is Rs 55.75.

Time period given by the analyst is Intra Day when NBCC (India) Ltd.

price can reach the defined target.

Manas Jaiswal recommended to keep stoploss at Rs 53.5 NBCC (India) Ltd., incorporated in 1960, is a midcap company with a market cap of Rs 10035.00 crore. NBCC (India) Ltd.

key Products/Revenue Segments include Income from Project Development which contributed Rs 5339.33 Crore to Sales Value (90.42 % of Total Sales), Income From Construction Work which contributed Rs 507.14 Crore to Sales Value (8.58 % of Total Sales), Other Operating Revenue which contributed Rs 33.32 Crore to Sales Value (0.56 % of Total Sales) and Income From Real Estate Development which contributed Rs 25.23 Crore to Sales Value (0.42 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1366.41 Crore, down -25.90 % from last quarter Sales of Rs 1844.03 Crore and up 3.57 % from last year same quarter Sales of Rs 1319.25 Crore Company has reported net profit after tax of Rs 72.55 Crore in latest quarter.

The company’s top management includes Dr.Anoop Kumar Mittal, Major Gen.T M Mhaisale, Mr.Ashok Khurana, Mr.C R Raju, Mr.C Subba Reddy, Mr.Manoj Kumar, Mr.Neelesh Kumar Shah, Mr.Rajendra R Chaudhari, Mr.Rajendrasinh G Rana, Mr.Sairam Mocherla, Mrs.Jhanja Tripathy.

Company has Jagdish Chand Co.

as its auditoRs As on 30-09-2018, the company has a total of 1,800,000,000 shares outstanding.