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NCC INFRASTRUCTURE SECTOR
NCC bags 3 orders worth Rs 4,206 crNCC has a 51 per cent shareholding in the J Kumar-NCC Joint Venture. These orders are received from State and Central government agencies a...
Fundamental Radar: 5 factors that will drive NCC’s earnings in FY24Over the last two years, NCC has reported strong double-digit growth in both bottomline and topline, and Kotak Securities Private Client Re...
Why Neeraj Dewan is bullish on consumption, infra and autoNeeraj Dewan, Director, Quantum Securities, says growth is not happening for the larger part of the market, but four to six months down the...
Stock pick of the week: Why analysts are bullish on NCCImproved first quarter performance, strong order book, improving sectoral prospects, among other things, has made NCC analysts’ favourite.
- NCC to sell majority stake in power assets to Sembcorp for Rs 352 crore
In a communique to stock exchanges on Monday, NCC said it has entered into share sale agreement with Sembcorp Utilities Pte Ltd “as a part ...
Cube Highways to close Rs 575-crore WUPTL acquisition by MarchCube Highways and Infrastructure is likely to complete its acquisition of Western UP Tollway for an estimated Rs 575 crore by March.
IDFC, two other funds in race to buy NCC's highway assetsIDFC and two funds I Squared Capital and Acropolis Capital are in the race for the two assets, namely the Meerut-Muzaffarnagar highway and ...
Crisil downgrades NCC debt instruments & bank facility ratingThe agency has downgraded the NCC Ltd rating to BB+/ Negative/Crisil A4+' from 'BBB/Negative/Crisil A3+'.
Singapore’s Sembcorp may acquire Gayatri’s 45% stake in NCC PowerRegulatory hurdles in the Indian energy sector have forced Singapore’s Sembcorp to drop plans to buy the 55 per cent stake of NCC in NCC Po...
NCC close to selling its thermal power assets to SembcorpNCC has signed a detailed term sheet to sell its thermal power assets to Singapore global utilities services firm Sembcorp.
Sembcorp to purchase majority stake in NCC Power for Rs 500 CrSembcorp will purchase a majority stake in NCC Power Projects for roughly Rs 500 crore, two people with direct knowledge of the development...
Singapore-based Sembcorp eyes stake in NCC Power ProjectsIndia's infra sector has been mostly shunned by foreign investors because of troubles related to clearances and problems with land acquisit...
- NCC to sell land, stake in infrastructure projects to lower debt
NCC is also looking to sell part of its land bank of 410 acres located in Bangalore, Hyderabad, Chennai, Vishakapatnam and Ranchi.
- Infrastructure firms lower targets as costs increase
Infrastructure firms, facing a slowdown in orders and rising interest costs in a fiercely competitive market, are scaling down targets.
- Angel Brokingput 'buy' on NCC
NCC is on track to emerge as a diversified infra heavyweight with SPVs and real estate accounting for 20% of our sum-of-the-parts (SOTP) ta...
- Blackstone to enter realty market with Nagarjuna
The Blackstone group, which bought 14.5% equity in the construction firm Nagarjuna Construction Company (NCC) for $150 million, is planning...
- Blackstone strikes again; gets big-ticket in India
The Blackstone Group is bullish on infrastructure investments in India. It may also be open to hiking its stake in NCC further, though thes...