BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura initiates coverage on NBCC with a buy
Nomura says NBCC has an asset light business model with lower working capital requirement. The brokerage expects its revenue to grow at a compound annual growth rate (CAGR) of 34 per cent over FY14-FY17.