Nagarjuna Construction Soars On New Order Win - Nov 03, 2008

The company made this announcement during trading hours today, 3 November 2008. Meanwhile, the BSE Sensex was up 406.83 points, or 4.16%, to 10,194.89.

On BSE, 2.55 lakh shares were traded in the counter. The stock had an average daily volume of 4.62 lakh shares in the past one quarter.

The stock hit a high of Rs 70.45 and a low of Rs 64.65 so far during the day. The stock has a 52-week high of Rs 372.80 on 3 January 2008 and a 52-week low of Rs 40.50 on 27 October 2008.
The mid-cap stock had underperformed the market over the past one month till 31 October 2008, declining 33.84% as compared to the Sensex’s decline of 23.89%. It had also underperformed the market in the past one quarter, declining 51.82% as compared to the Sensex’s decline of 31.82%.

The company’s current equity is Rs 45.76 crore. Face value per share is Rs 2.

The current price of Rs 66.10 discounts the company’s Q2 September 2008 annualized EPS of Rs 7.39, by a PE multiple of 8.94.

Nagarjuna Construction Company (NCC)’s net profit rose 25.7% to Rs 42.30 crore on 55.9% increase in net sales to Rs 1055.82 crore in Q2 September 2008 over Q2 September 2007.

In September 2008, the company secured four orders aggregating Rs 413 crore.

Nagarjuna Construction Company is engaged in constructing industrial and commercial buildings, roads, bridges, underground drainage and sewerage, stadiums, flyovers, multi-store and duplex apartments, farm and private houses.

Nagarjuna Construction Up 45% In 4 Days - Nov 1, 2008

Meanwhile, the BSE Sensex was up 800.53 points, or 8.85%, to 9,845.04. On BSE, 5.96 lakh shares were traded in the counter. The stock had an average daily volume of 4.94 lakh shares in the past one quarter.

The stock hit a high of Rs 66.50 and a low of Rs 58 so far during the day. The stock has a 52-week high of Rs 372.80 on 3 January 2008 and a 52-week low of Rs 40.50 on 27 October 2008.

The stock has risen 45.2% from a recent low of Rs 43.30 on 24 October 2008, boosted by good quarterly performance. The company announced the results during trading hours on Monday, 27 October 2008, when the stock surged 12.59% to Rs 48.75.

The mid-cap stock had underperformed the market over the past one month till 29 October 2008, declining 40.32% as compared to the Sensex’s decline of 28.19%. It had also underperformed the market in the past one quarter, declining 56.65% as compared to the Sensex’s decline of 34.42%.

The company’s current equity is Rs 45.76 crore. Face value per share is Rs 2. The current price of Rs 62.90 discounts the company’s Q2 September 2008 annualized EPS of Rs 7.39, by a PE multiple of 8.51.

Nagarjuna Construction Company (NCC)’s net profit rose 25.7% to Rs 42.30 crore on 55.9% increase in net sales to Rs 1055.82 crore in Q2 September 2008 over Q2 September 2007.

Nagarjuna Construction Company is engaged in constructing industrial and commercial buildings, roads, bridges, underground drainage and sewerage, stadiums, flyovers, multi-store and duplex apartments, farm and private houses.

Nagarjuna Construction : Allotment Of Equity Shares - Aug 04 , 2008

Nagarjuna Construction Company Ltd has informed that the Allotment Committee of the Board of the Company at its meeting held on August 01, 2008 has allotted 7530 Equity Shares of Rs 2/- each @ Rs 22/- per share arising out of exercise of options by the employees of the Company under the terms of the NCC Employees Stock Option Plan 2004 which was earlier approved by the Share Holders of the Company at their Extraordinary General Meeting held on November 16, 2004.

Consequent to the aforesaid allotment, the paid up capital of the Company stands increased to Rs 45,76,92,500/- divided into 22,88,46,250 Equity shares of Rs 2/- each from the existing Rs 45,76,77,440/- divided into 22,88,38,720 Equity shares of Rs 2/- each.