Nuvoco Vistas Share Price are trading today (up to 24-08-2021) in Rs. 520.55 Ps in NSE this was listed in stock market yesterday openings with Rs.485.00 Ps., in these two days trading it was hit high Rs. 564.95 Ps., but Nuvoco Vistas Corporation Ltd has came to IPO with price of Rs. 570 as higher bid price.
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This company did not get the listing gains as traders and investors expected where IPO was subscribed with 1.71 times over.
Now all the IPO allotted people are in consequences until now because this was traded today in bearish candle and seems to be tomorrow also, we cannot expect technical from this two day trading chart, if anchor investors sell their shares after locking period what price will be got the investors who are in long term is a question mark to all now.
The cement industry which are listed in stock market is in green today a few of companies shows red only even though Novoco Vistas share price was down today.
About Nuvoco Vistas company
Nuvoco Vistas Corporation Ltd is established in 1999 in India by Nirma Group of Company and came to cement industries in 2014 through Green Field cement plant placed in Nimbol and operates 11 plants national wide in India.
Nuvoco Vistas Business Portfolio
Nuvoco Vistas Financial Information (Standalone)
Assets and Liabilities (Rupees in Crores) | ||
|---|---|---|
Particulars | 2021 (up to March) | 2020 (up to March) |
Total Assets | 16,773.30 | 13,444.28 |
Total Equity | 7,372.34 | 5,279.24 |
Total Liabilities | 3,839.60 | 3,635.2 |
Profit & Loss (Rupees in Crores) | ||
|---|---|---|
Particulars | 2021 (upto March) | 2020 (upto March) |
Total Income | 3633.97 | 3392.35 |
Total Expenses | 3445.67 | 3231.42 |
Profit After Taxes | 80.89 | 103.58 |
Other Comprehensive Income |
4.38 |
-1.81 |
Total Comprehensive Income |
85.27 |
101.77 |
Nuvoco Vistas Company Data
- Company Capital is ₹18,606.
- ROCE 5.63%.
- Face value ₹10.
- Company gives low returns on equity in the last three years which is very low as 1.58%.
- Company not paying any dividends by the repeated profit reports.
- To specify depth analysis company website www.nuvoco.in
Conclusion
- Nuvoco Vistas share price if consolidate in further sessions up to anchor investor locking period price may be down fall up to 10%.
- In long term view is given 1.28% in three years returns as per depend upon industry movement.
This post will be updated in further days with new data, please keep in visiting.