The NCC scrip may see market attention, as its board is meeting on Wednesday to consider a rights issue. As the company did not disclose any other details, price and quantum of the issue would be keenly watched. The small-cap company has equity capital of ₹51.31 crore. Its shares have a face value of ₹2. NCC’s consolidated net profit declined 61.6 per cent to ₹4.76 crore on 22 per cent growth in total sales to ₹1,903 crore in Q3 December 2013 over Q3 December 2012.
NCC rights issue: Pricing, quantum are key
Published on
April 7, 2014 16:49
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