NBCC India Limited
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Nov 29, 2024
NBCC (India) Limited has seen strong investor interest following its recent order wins, including a ₹600 crore project from HUDCO and a ₹316 crore project from the Government of Odisha. With a robust order book and ambitious growth targets, the company aims for a ₹1 lakh crore order backlog by FY25 and ₹2 lakh crore by FY28. However, its stock is trading at high valuations, raising concerns about potential price corrections. Despite this, NBCC remains a promising long-term investment due to its solid project pipeline and strong revenue visibility.
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