Economic TimesLean R·
Nuvoco Vistas shares soar 10% after strong Q1. Why Nomura, Choice see up to 47% upside?
Shares of building materials company Nuvoco Vistas soared 10% to Rs 375 on the BSE on Wednesday after a host of brokerages issued bullish calls on the counter following a robust set of figures in the first quarter of FY27. The company reported a 20% increase in net profit to Rs 160 crore in the first quarter of FY27 and a 9% growth in revenue to Rs 3,129 crore.The company said 5% year-on-year volume growth reflects resilient execution despite a challenging operating environment. Further, sustai…
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