Geojit Lists Mid Cap Construction Stock To Buy For Higher Return, Target
Price Rs 107
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.
The stock's 52-week high is Rs 97.95 apiece and 52-week low is Rs 5 The1.00 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 3.6x TTM revenue and provides revenue visibility, added Geojit.
3.NCC Limited About
NCC's Q3FY23 revenue grew 23% YoY, backed by its strong order book and robust execution of Jal Jeevan Mission projects.
Disclaimer
The stock has been picked from the brokerage report of Geojit.
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
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