INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on NCC Ltd
with a target price of Rs 108
The current market price of NCC Ltd
is Rs 99.75 Time period given by the analyst is Intra Day when NCC Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 96
NCC Ltd., incorporated in 1990, is a midcap company with a market cap of Rs 5991.45 crore.
NCC Ltd
key Products/Revenue Segments include Income From Contracts which contributed Rs 7527.73 Crore to Sales Value (99.58 % of Total Sales) and
Other Operating Revenue which contributed Rs 31.59 Crore to Sales Value (0.41 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 3378.67 Crore, up 4.19 % from last quarter Sales of
Rs 3242.76 Crore and up 63.49 % from last year same quarter Sales of Rs 2066.65 Crore Company has reported net profit after tax of Rs 169.07
The company’s top management includes Dr.A S Durga Prasad, Mr.A A V Ranga Raju, Mr.A G K Raju, Mr.A S N Raju, Mr.A V N Raju, Mr.Hemant M
Nerurkar, Mr.J V Ranga Raju, Mr.R V Shastri, Mr.S Ravi, Mr.Utpal Sheth, Mrs.Renu Challu
Company has S R Batliboi Associates LLP as its auditoRs As on 31-12-2018, the company has a total of 600,646,588 shares outstanding.
