Nagarjuna Construction Company rises strongly on intrigue cost reserve funds trusts
Nagarjuna Construction Company is viewed as one of the key recipients of the national bank's repo rate cut on Tuesday, increasing as much as 10.60 percent, as it is relied upon to have significant investment funds on premium expense.
Experts said that intrigue costs structure 70 percent of working benefits for NCC as of April-December in the last financial year.
"We have worked in a 50 bps cut in the loan fee for F13 appraisals and we gauge that each extra 50 bps cut would build net benefits by 17-20 percent," Morgan Stanley said in a report.
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