REV­ENUE VIS­I­BIL­ITY

Dalal Street Investment Journal - - KERBSIDE -

NCC, for­merly known as Na­gar­juna Con­struc­tion Com­pany should ben­e­fit af­ter the govern­ment ap­proved a mega plan to build 83,677 km of high­ways over the next five years. The com­pany has rev­enue vis­i­bil­ity in the com­ing quar­ters due to strong or­der book and, if sources are to be be­lieved, the com­pany is ex­pected to bag big or­ders in the com­ing quar­ters. The com­pany has im­proved its credit profit sig­nif­i­cantly in the last cou­ple of years and it is work­ing on mea­sures to re­duce its debt fur­ther. Hence, this stock presents a good op­por­tu­nity to make good money in the short-term.

NCC BSE Code: 500294 CMP: ₹108

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