1. sanjaychandani

    sanjaychandani New Member

    Joined:
    Apr 25, 2015
    Messages:
    2
    Likes Received:
    0
    Can some one tell me about the future of NBCC? I have 100 shares @ 926.00
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

    Joined:
    Mar 19, 2015
    Messages:
    427
    Likes Received:
    150
    Ouch. You appear to have bought at the peak. The stock has seen some deep cuts in the present correction and the CMP is Rs. 784. However, I don't think that there is anything to worry about because it is amongst the well run PSUs in the market. It has a fairly large order book and earnings visibility for the next several years.

    Mr. Vijay Kedia's recent interview in Economic Times also throws light on NBCC's prospects. He stated that though he bought NBCC at Rs. 130, he has no intention to sell it even at Rs. 1000 and that he would hold the stock for the next three years.

    https://www.youtube.com/watch?v=bTBPtrIgSLY (at 19.54 onwards)
     
  3. sanjaychandani

    sanjaychandani New Member

    Joined:
    Apr 25, 2015
    Messages:
    2
    Likes Received:
    0
    Thanks Meenakshi
     
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,884
    Likes Received:
    765
    NBCC is very safe stock compared to many other stocks. You have to hold the stock for the long-term.
     
Loading...