Business Business:Today 07 November at 16:01NBCC Inc.Shares of Dia are trading at a price of ₹99.59, which is -1.74% lower than the previous closing price. Sensex is trading at ₹79541.79, down -1.04%. The stock touched a high of ₹102.29 and a low of ₹99.15 during the day.
On the technical front, the stock is trading above 5,10 day SMA and below 20,50,100,300 day SMA. The stock will find support at 5,10 day SMA and face resistance at 20,50,100,300 day SMA. The SMA values for the stock are given below:
day simple moving average
5 97.12
10 95.06
20 103.62
50 112.90
100 114.73
300 100.37
Classic pivot level analysis shows that on the daily time frame, the stock has key resistances at ₹101.13, ₹102.72, and ₹103.63, while it has key support levels at ₹98.63, ₹97.72, and ₹96.13.
nbcc india share price today
As of 4PM today, the traded volume for NBCC India on NSE and BSE was down -75.80% compared to the previous trading session. Volume traded along with price is an important indicator to study trends. Positive price movement with high volume indicates a sustained uptrend, and negative price movement with high volume may indicate further decline in prices.
Overall, according to Mint Technical Analysis, while the stock is displaying early signs of a trend reversal after a significant downtrend, continued monitoring is advised.
From the fundamental analysis point of view, the company's ROE is 19.26% and ROA is 3.23% respectively. The current P/E of the stock is 63.31.
The average 1-year predicted upside for this stock is 12.64% with a target price of ₹87.00. The company has 0.00% promoter holding, 5.61% MF holding and 4.05% FII holding, as per October quarter filing.
MF holding has increased from 5.58% in July to 5.61% in the October quarter.
FII holding has declined from 4.11% in July to 4.05% in the October quarter.
NBCC India's share price is trading -1.74% lower at ₹99.59 today, while its rivals are mixed. Its rivals like IRB Infrastructure Developers, Brigade Enterprises, Ananth Raj are falling today, but its rival KEC International is rising. Overall, benchmark indices Nifty and Sensex are down -1.16% and -1.04% respectively.
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