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YD MURTHY
We are targeting Rs 11,000 crore top line in FY19: YD Murthy, NCC“We are not taking the tax component into our turnover and that is common to all construction companies”- We have our own reasons for welcoming the push towards PPP in metro: Vinayak Chatterjee, Feedback Infra"The centre is coming forward and says we will give you viability gap funding under the policy, we are willing to give you a 10% of grant f...
- Metro is an important component of our business: YD Murthy, NCCWe became L1 for one package in Pune metro. In Bombay itself, we are doing one small package and further orders are also definitely expecte...
- ‘InvIT is a very good source of annuity based income’Orders have rose steadilt, not only in EPC space but the new hybrid annuity model is good too.
- We expect a top-line growth of between 10-15% for the next 3-4 years: YD Murthy, Executive VP-Finance, NCCThe company has already achieved an order accretion of about Rs 9,300 crore for upcoming nine months. The company's target for the year as ...
- Expect an EBITDA margin of 9% and above for this year: YD Murthy, NCCIn a chat with ET Now, YD Murthy, Executive VP - Finance, NCC, shares his business outlook. Excerpts:
- NCC to sell majority stake in power assets to Sembcorp for Rs 352 croreIn a communique to stock exchanges on Monday, NCC said it has entered into share sale agreement with Sembcorp Utilities Pte Ltd “as a part ...
- NCC plunges over 4%; here's what the management saysShares of NCC fell as much as 4.24% in intraday trade on Monday. Market analysts attribute this fall to the general weakness in the market.
- Infrastructure loan refinancing may top Rs 30,000 crore post reduction of minimum takeout requirementThe RBI has relaxed takeout financing norms for existing infrastructure loans by lowering the minimum takeout requirement to 25% from 50%.
- NCC, IL&FS Engineering to exit Himachal hydroelectric projectNCC and IL&FS Engineering have decided to completely exit from the hydroelectric project they are jointly building on the River Sorang.
- NCC, IL&FS to exit Himachal Pradesh hydro projectNCC and IL&FS Engineering have decided to completely exit from the hydro electric project they are jointly building on the River Sorang.
- Jindal Power may pick stake in Gayatri joint ventureNCC and Gayatri keen on selling up to 49% in JV that is setting up a 1,320-mw power project in Andhra Pradesh; Deal valued at over Rs 1,400...
- National Freen Tribunal cancels nod to Nagarjuna Construction Company's Sompeta power projectWhen contacted, the NCC senior VP (finance) YD Murthy said the latest development will not have any adverse impact on the company since the...
- ChrysCapital buys 7.2% in NCC for 137 croreChrysCapital has bought over 7% stake in Blackstone-backed construction co NCC for Rs 137 cr through open market purchases in the past four...
- NCC bags new orders for Rs 815 crore in Orissa, Maharashtra and KarnatakaAll orders are from state-run companies for road and rail network development works. NCC's first order is from the Rail Vikas Nigam Limited.
- NCC Infra may dilute equity to raise funds for K'ptnam projectThe company has already invested Rs 150 cr in the project so far and another Rs 100 cr will be invested before the end of this fiscal to co...
- Confident of achieving top line growth of Rs 7300 cr: YD Murthy, Nagarjuna ConstructionsET Now spoke to YD Murthy, Exec VP-Finance, Nagarjuna Constructions, on his views on the Q1 results and the outlook for the year.
- Heard on the Street- Nagarjuna may price QIP at a discountNagarjuna Construction Company’s shareholders approved a share issue to institutional investors at the AGM held on Thursday. The company in...
- NCC's QIP to have a greenshoe optionNagarjuna Construction (NCC), is set to raise about Rs 550 crore through qualified institutional placement (QIP) with a greenshoe option to...
- Blackstone to up Nagarjuna Construction stake to 12.2%US-based private equity firm Blackstone is all set to raise its stake in Nagarjuna Construction from existing 9% to 12.2%.
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