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#NCC 91.85 🔼 +3.10 (+3.5%)

Market Cap- 5412 Crs.

High / Low- 100 / 15.8

Book Value- 81.4

ROCE- 13.6%

ROE- 7.22%

NCC Ltd is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing, roads, bridges and flyovers, water supply and environment projects, railways, mining, power transmission lines, irrigation and hydrothermal power projects, real estate development, etc.

- Trend Line Breakout in Weekly Chart like IDFC FIRST BANK

- Rising Volumes

- RSI (14) Daily taking Support from 60

- RSI (14) Weekly 85

- RSI (14) Monthly 65 (Crossing 60)

PROS

- Company has reduced debt.

- Stock is trading at 1.09 times its book value

- Company has delivered good profit growth of 55.56% CAGR over last 5 years

- Company has been maintaining a healthy dividend payout of 18.27%

- Debtor days have improved from 141.70 to 111.88 days.

CONS

- Company has low interest coverage ratio.

- The company has delivered a poor sales growth of -1.32% over past five years.

- Promoter holding is low: 19.68%

- Company has a low return on equity of 9.07% for last 3 years.

- Company's cost of borrowing seems high

Short Term Target- 115/118

Mid Term Target- 138/142

Good Support Near 72

For Educational Purpose Only.