NCC shares can look forward to 47%, expect CLSA; What Di Rating – NCC Limited Shares May Rise UPTO 47 Percent Ahead Check Ratings from Clsa JM Financial and ICICI Securities

NCC Ltd Stock Price: The shares of construction and infrastructure company NCC Limited may jump up to 47 percent further. Such hope is received from the target price of the global brokerage firm CLSA. Brokerage has given a target price of ₹ 315 per share, retaining the “outperform” rating for the stock. This is 46.5% higher than the closing price of the stock on 6 August. The NCC LTD’s June quarter results have been weak.

The company’s net profit in the April-June 2025 quarter fell by 8.4 percent to Rs 192.1 crore on an annual basis. The profit was Rs 209.9 crore a year ago. Revenue 5528 crore was recorded from the operations. This is 6.3 percent less than the June 2024 quarter revenue from Rs 5179 crore. By June 30, 2025, the consolidated order book of NCC was ₹ 70087 crore.

Brokerage has blamed premature monsoon in Mumbai for the weak results of NCC LTD and the slow pace of Uttar Pradesh’s water projects. According to CLSA, the company’s backlogs in the June quarter increased at a speed of 33% on an annual basis. In the financial year 2025, the company’s revenue was Rs 19,205.30 crore, net profit of Rs 761.09 crore and earnings were Rs 12.12 crore per share.

What is the stand of JM Financial

Brokerage firm JM Financial has also retained its ‘bye’ rating for NCC LTD shares. But the target price has been reduced from ₹ 285 to ₹ 275 per. The brokerage firm said that the company has recovered from the adverse business cycles, showing a good improvement in the management of operations and pure working capital. ICICI Securities has set a target price of Rs 262 per share with ‘bye’ rating for stock.

32 percent rolled NCC shares in a year

NCC LTD shares are rose on August 7. The stock jumped 1 percent from the last closed price in the day to a high of Rs 217.50. The company’s market cap is Rs 13500 crore. The face value of the stock is Rs 2. The stock has broken 32 percent in a year. The company had 22.11 percent stake in the company till the end of June 2025.

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