NBCC sells Delhi residential apartments for Rs 5,191 crore

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NBCC · price

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Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹69.84

prior close

₹69.46

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.7%+2.4% vs market

Civil Construction peers, median of 95sector+0.6%+2.4% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Smallcap 250 and 2.4 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.8

15m

+0.5

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.7+2.4+0.6+2.4

Next day

-0.3pendingpending-1.1+0.8

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 95Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NBCC sold about 8.80 lakh sq ft of residential apartments at Avenue Towers, Africa Avenue Marg, Sarojini Nagar, New Delhi, through an e-auction for about Rs 5,191 crore. NBCC will receive a marketing fee equal to 1% of the sale value, or about Rs 51.91 crore.

Likely market impact

Positive for shareholders: NBCC will receive about Rs 51.91 crore in marketing fees, though the profit and cash-flow impact is not disclosed.