Geojit Lists Mid Cap Construction Stock To Buy For Higher Return, Target 
Price Rs 107

Geojit Lists Mid Cap Construction Stock To Buy For Higher Return, Target Price Rs 107 { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Geojit recommends mid cap construction sector stock, NCC Limited to investors with target price of Rs 107 apiece.

Last trading price of NCC Limited is Rs 89.20 apiece. If you buy NCC Limited at the last trading price, you can get a likely return of 20% soon.

The stock gave a strong return of 58% in last 12 months. Check details below: 1. NCC Limited Return & Stock Performance

NCC Limited's last trading price is Rs 89.20 apiece. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

The stock's 52- week high is Rs 97.95 apiece and 52- week low is Rs 5 The 1 .00 apiece, respectively.

company has a market capitalisation is Rs 5,600.39 crore.

Return: It gave a return of 11% in last 3- months, 29% in last 6- months, and 59% return in last 1- year. In last 3- years, it rallied 116%.

2. NCC Limited Valuation

NCC's order book remains at an elevated level of Rs 44,862cr ( incl Rs 3,000cr LI order), which is 3 .6 x TTM revenue and provides revenue visibility, added Geojit. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

NCC's Q 3 FY 2 3 revenue grew 23% YoY, backed by its strong order book and robust execution of Jal Jeevan Mission projects. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

The stock has been picked from the brokerage report of Geojit. { "selector": ".imagebox-wrapper", "duration": "3912ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.11736)"] } }

Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article.

Goodreturnss.in advise users to check with certified based on the brokerage report of Geojit experts before taking any investment decisions.

By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt View more