NOIDATOLL BRIDGE COMPANY LTD is a very safe Investment at present

Noidatoll is a old company Incorporated in 1996 , and mainly concentrate in Infra services business
which is very safe and business location( Noida ) is very good place ... Don't neglect this company just because of doing a Small toll business ....

Highlights of this company
Pros.
1. Face Value is Rs. 10
2.Market capitalization is around Rs .475 Cr.
3.Very Low PE Ratio 5.5
4.Last 5 years continuous Dividend Paying Company
5.It is almost Debt Free Company
6.Safe Business Model
7.main highlighting point i want to tell is Very High Dividend Yield 11.74 %
8.Below Book value Stock

Cons.
1.Promoters stake is Very Low
2.company has delivered slow growth in Last 5 years

 

noida is a good company i want to add dividend pay companies in my portfolio , this is best and very safe
thanks rama sir

 

Please read up on the news on this company. The company is renegotiating the agreement with the government and it might soon lose out to toll-free roads. There is a good dividend play here but the future can be uncertain.

Discl: I am currently holding the stock but plan to exit on a rally.

 

barapullah raod is extended till mayur vihar very soon. its exact parallel to NOIDA toll.

so future is uncertain