The delayed execution impacted the company's project management consultancy (PMC) segment
These African countries are Niger, Uganda, Malawi, Zambia, Liberia, Gambia, Burkina Faso, Togo and Gabon
The MoU for the project was signed between Department of Economic Affairs and National Buildings Construction Corporation
Strong order book offers long-term revenue visibility
It is necessary to justify premium valuations for the company
The company is also in talks with the government for developing islands in Andaman and Nicobar and Lakshadweep
In FY17, the state-owned firm posted a net profit of Rs 354.51 cr
Govt looking to sell NPCC, EPIL, Hindustan Prefabs, HSCC
With this, govt has successfully sold 15% stake in NBCC, reducing its holding to 75%
The stock dipped 4% to Rs 241 on intra-day trade, extending its Thursday's 1% fall on BSE.
The government had set a base price of Rs 246.5 per share, while most of the bids came at Rs 246.73
Floor price fixed a Rs 246.50 per shares; 90 mn shares to be sold
Analysts say reports on NBFC creation trigger uncertainties around funding new projects
The stock hit a new high of Rs 299, up 8%, extending its Tuesday's 7% surge on BSE
The order for construction of new UGC Building Complex is approx Rs 270 crore
NBCC had got a business of Rs 344.72 crore in July
Eight merchant bankers will make presentation before the officials of the department of investment and public asset management on Tuesday
The company secured a total business of Rs 344.72 crore in July
At the current market price, sale of 15% stake could fetch around Rs 2,200 crore
The Centre holds 90 per cent stake in the company, which has a market capitalisation of Rs 13,788 crore