Today, on March 20th 2025, the Nagarjuna Construction Company or NCC Share Price witnessed a 6% surge in its stock value. The shares spiked after the company announced its projects with Andhra Pradesh Capital Region Development.
The NCC and APCRD announced a LoA for multiple projects in Zone-12 village areas near the capital city of Amaravati. These projects include the construction of roads, drains, water supply, sewage, utility ducts for power and ICT, reuse waterline, and avenue plantation.
Today, NCC shares opened to the market at Rs. 205.00 and are currently up by 4.3% compared to the previous close of 196.73. The stock value reached a day-high of 208.60 in the morning session, increasing the value by 6% compared to the previous session’s close.
The NCC Share Price in Today’s Market
At 10:40 a.m., NCC traded their shares for Rs. 205.00, which is nearly 4.5% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 12,868 cores; the UC Limit is 216.40, and the LC Limit is 177.05.
Company Financials
The construction company declared its third-quarter financial results on February 10th 2025. As per the released records, the company’s revenue for Q3 FY25 stood at Rs. 3,200 crore, a 12% increase compared to Rs. 2,857 crore in the same quarter of the previous FY. NCC reported a net profit of Rs. 180 crore for the quarter, up 12.5% from Rs. 160 crore in Q3 FY24.
Recent News About NCC
- As of March 14th, 2025, NCC commenced construction work on the Happy Nest project in Amaravati, continuing their contributions to urban development in the region.
NCC Share Price Target
Analysts have predicted that NCC Ltd. has an average target of 305.25. The consensus estimates an upside of 49.22% from the last price of 204.56.
Should You Buy, Sell, Or Hold?
Multiple technical indicators and analysts’ ratings indicate a “strong buy” for the shares. On Money Control, only 8% of analysts recommend selling. Before investing in NCC Ltd., consider its long-term performance and consult your analyst to make the perfect move.
