Recent darlings of the investors like RVNL, Indian Railway Finance Corporation (IRFC), BHEL, Mazagon Dock, NBCC were among the biggest losers in the PSU pack.

RVNL, Ircon, BHEL, Mazagon Dock: Multibagger PSU stocks tank up to 8% amid stock market selloff

80 stocks from the BSE500 index delivered more than 100 per return in the last nine months, when Sensex & Nifty hit their 52-week lows of October 26, 2023.

Hudco, RVNL, NBCC, HAL, Inox Wind among 80 stocks that turned multibagger in 9 months

Hindustan Steelworks Construction also received another order worth Rs 39.72 crore for construction of residential doctors and interns hostel building in premises of Shri Chatrapati Shivaji Maharaj Sarvopchar Rugnalaya at Solapur.

NBCC subsidiary, Hindustan Steelworks Construction wins orders worth Rs 443.61 cr

The contract includes construction of a new medical college of 100 student capacity and 430-bedded hospital at Buldhana Medical Education in Maharashtra.

NBCC Unit Bags Rs 411-Crore Project For Medical College, Hospital

The rise in the NBCC share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured an order worth Rs 411.45 crore.

NBCC rallies 4% after arm bags Rs 411 cr order; stock up 38% in six months

NBCC (India) added 2.49% to Rs 178.95 after the company’s wholly owned subsidiary HSCC (India) received a work contract from Medical Education & Ayush Department, Govt. of Maharashtra, worth Rs 411.45 crore.

NBCC (India) edges higher after bagging work order from Maharashtra Govt

Cochin Shipyard Ltd has delivered 700 per cent return, with the stock closing at Rs 2,671.80 level on Monday against the year-ago’s Rs 334.15 level. IRFC shares have rallied 485 per cent, followed by HUDCO (up 436 per cent) and RVNL (up 357 per cent).

Union Budget 2024: Multibagger PSU stocks Cochin Shipyard, IRFC, HUDCO, RVNL, NBCC, REC & BHEL in focus today. Here’s why

NBCC has informed IRP and lender Union Bank of India that it is ready to take all the projects of Supertech, provided it is given complete access to the details of the projects and all the data related to them.

NBCC eyes Supertech’s troubled projects amid legal and financial turmoil

Mahadevaswamy has been assigned the additional role for three months starting from July 1, or until a permanent appointment is made, whichever comes first.

NBCC Assigns Additional Finance Director Role To CMD KP Mahadevaswamy

Benchmark indices Sensex and Nifty hit record highs, with Solar Industries, NBCC, and RVNL emerging as top gainers.

Solar Industries, NBCC and RVNL: Three stocks that outperformed in the week ending June 5

Board of NBCC (India) approves increase in authorised share capital

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

NBCC (India) Limited is engaged in providing project management consultancy, engineering procurement & construction, and real estate development.

NBCC (India) Ltd