As markets opened on 10th February, NCC Share Price has jumped by 2%. It opened with Rs 209.50 and reached a high of Rs 212.9 and the lowest was Rs 204.15. This has attracted investor’s attention. Are you also thinking of getting some stocks? You can find recent news, company financials, and recommendations in this article.
NCC Share Price in Today’s Market
NCC Share opened at Rs 209.50 on 10th February. Just after opening it sore up to Rs 212.9 and had a lowest point of Rs 204.15. Currently, share prices are hovering around Rs 210.40, which is nearly 1.4% higher on NSE. Today’s high was 2.22% higher than the previous day’s close price of Rs 207.50.
Company Financials
The company’s revenue growth has been lowered from 15% to 5%. Earnings before interest, depreciation, tax, and amortization margin have also decreased from 9.5% to 9.25%. According to Antique Stock Broking Ltd, the company’s management has revised their targets to achieve full-year EBITDA growth and expects a 9.8% margin in Q4. The current total market capitalization of the company is standing at Rs 13.23 lakh crore. Where the P/E ratio is 16.42 and it has a dividend yield of 1.04%
Recent News about NCC Share
The company has already reported its Q3 financials recently which shows Net profit was Rs 193.2 Crore for the quarter ended on 31st December 2024. This is a 12.5% drop in profits in Year on a Year basis. Whereas total revenue from operations is up by 1.6% to Rs 5344.5 Crore. The EBITDA stands at Rs 420.9 Crore which is also down by 16.6%. As the Q3 results were announced and Net Profit fell by 10% share prices also shattered! On 7th Feb the share prices fell by 10%.
NCC Share Price Target
Currently, NCC Share prices are hovering around Rs 209.75 which can get up to Rs 364.58. That is a 53.48% growth suggested by twelve analysts. But this is on long-term perspective. What are the recommendations now? You can check them below.
Recommendation on Buy, Hold or Sell
From the 7th Feb’s fall NCC Share prices have gone up by 2.20%. 10 Analysts recommend buying NCC Shares but that’s with their personal risk tolerance. Consensus Share has also given a target price of Rs 36458 on 10th february.
