CMP : 77
Target Price :
For 2QFY2016, NCC reported a favorable standalone earnings performance,
reflecting better than expected execution, and lower yoy interest expenses owing to
decline in debt.
On the top-line front, NCC (standalone) reported a 6.6% yoy decline to Rs2,096cr.
On a sequential basis, the top-line grew 21.7%. Stronger execution seen across