NBCC Share Price | Company orderbook strong, but share is slipping, important advice from expert – NSE: NBCC
NBCC Share Price | NBCC Limited Company shares have come into focus. NBCC Limited Company (NSE: NBCC) The stock was trading at Rs 107.80, down 2.27% on Friday, October 18. Despite the strong order book of the company, the stock has been falling for the last few days. This has increased the concern of investors. (NBCC Limited Company Excerpt)
Company's orderbook strong – but stock falling
Shares of NBCC Limited have fallen 5.5 percent between October 14 and 18. Multibagger stock has given 30.30% return in the last six months. On one hand the order book of NBCC Limited is strengthening, while on the other hand the share price is falling. NBCC Limited Company had recently issued free bonus shares. Now the expert has important advice for investors. On Monday (21 October 2024), the stock was trading at Rs 104, down 3.33%.
The company got two big contracts
NBCC Limited has received a contract worth Rs 25.25 crore from the KSEZ authority. NBCC Limited on October 10 has received a contract worth Rs 198 crore for design, supply, installation and installation of rooftop solar system at Bokaro Steel Plant in Jharkhand.
Big order of Rs 1,000 crore
Hindustan Steelworks Construction Company, a subsidiary of NBCC Limited Company, has been awarded a contract worth Rs 1,000 crore. The contract awarded to a subsidiary of NBCC Limited Company includes campus development at Gondwana University in Gadchiroli, Maharashtra.
Antique Stock Broking Firm – Rating Announcement
According to Trendline report, a total of four stock market experts have announced 'SELL' rating for NBCC Limited Company stock. According to stock market experts, NBCC shares may fall by 14 percent to Rs 97 in the next one year. Antique Stock Broking firm has given 'SELL' rating to NBCC Limited Company shares. It is estimated that NBCC share may fall to Rs 30 in the coming days. This has increased the concern of investors.
return on stock
NBCC Limited Company share had given 30.30% return in the last 6 months. The stock has given 128.54% returns in the last one year. Over the last five years, the stock has returned 338.21%. On the other hand, NBCC Limited Company shares have given 97.54% return on YTD basis.
Disclaimer: Investing in mutual funds and stock market is based on risk. Before investing in the stock market, always consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
Comments are closed.