NBCC story: growth cum value play

The stock of National Buildings Construction Corporation ( NBCC) — the government-owned construction company — has given over 50 per cent returns since its initial public offering ( IPO) in March and analysts remain upbeat about its future prospects given the attractive valuations and strong order book of the company. The stock, at current price of Rs 153, is trading at about seven times its FY14 estimated earnings. While valuations look attractive, the fundamentals remain strong.
The

NBCC, NBCC company, NBCC crore, NBCC valuations, National Buildings Construction Corporation