Q:NCC Ltd, which recently ended a Rs. 600 crore rights issue and shorten its debt, expects to post strong performances in the 3rd and 4th quarters, helping it to grow revenues 10-15 % this financial year.
Latest Answer: They are awaiting Union Power Ministry indication to take back share in the power project. Once approval is received, they would be able to take back the stake and make about Rs. 470-500 cr. from the divestment. This amount would be utilized for equity in new projects.
