NBCC bags multiple construction orders worth nearly ₹450 crore

NBCC Share Price | The company received the orders from GAIL, New India Assurance and principal chief commissioner of income tax, UP (West) and Uttarakhand, Kanpur.

NBCC Share Price | The company received the orders from GAIL, New India Assurance and principal chief commissioner of income tax, UP (West) and Uttarakhand, Kanpur.

BHEL announced this order win soon after Larsen & Toubro had announced that L&T Energy CarbonLite Solutions secured orders from NTPC, confirming a CNBC-TV18 newsbreak from October.

The ₹2,200 crore IPO, open for subscription from November 7 to 11, received a decent response from investors, with an overall subscription rate of 1.80 times.

Domino’s India’s franchise operator Jubilant Foodworks’ net profit, margin and sales per store took a hit in Q2 on a year-on-year basis. At the same time, the like-for-like sales growth in a challenging market has left the brokerages divided.

L&T Share Price | The work will involve design, engineering, manufacturing, supply, construction and commissioning of boilers, turbines, electrostatic precipitators, auxiliaries, and related mechanical, electrical, instrumentation and civil works.

JPMorgan’s price target though, is below LIC’s record high levels. Six out of the 21 analysts that have coverage on LIC have recommended a price target that is higher than LIC’s recent high.

Market tech analyst Mitessh Thakkar have these recommendations on Tuesday.

On November 11, ahead of Q2 results, Britannia shares fell almost 6%. Though in the past months the stock has slipped nearly 10%, it has made investors 15% wealthier in the one-year period. This, however, underperforms benchmark Nifty 50’s rise…

According to JPMorgan, NMDC’s Q2 EBITDA miss was driven by unfavorable inventory impact and higher other expenses. The brokerage expected the company’s shares to react slightly negatively given the EBITDA miss.

According to an analyst, the expected flat listing of the IPO is justified, given the business model, financial position, and lack of listed peer competitors.