At the World Trade Centre project in Delhi s Nauroji Nagar, NBCC has sold commercial real estate inventory valuing approximately Rs 6,500 crore during FY24.
V-Mart Retail, Dilip Buildcon Ltd, Rajesh Exports, Gujarat Mineral Development Corp, UPL and Laurus Labs were among some of the companies that saw steep cuts in earnings estimates for FY25.
NBCC shares have 75 per cent in 2024 so far and are up 330 per cent in the last one year. On Tuesday, NBCC shares were up 1.24 per cent at Rs 143.05 on BSE.
NHPC Ltd, Mishra Dhatu Nigam Ltd, IRCON International Ltd, Engineers India Ltd, MMTC Ltd and Indian Overseas Bank and RCF are some of the PSU shares that have fallen over 20 per cent from their 52-week highs.
25 stocks from S&P BSE PSU index are trading between 10% and 37% lower from their 52-week highs. Leading this trend is SJVN, which has witnessed a significant decline over the last two trading sessions, tumbling by 24%.