NBCC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | NBCC | Market Cap | 24,746 Cr. | Current Price | 91.6 ₹ | High / Low | 131 ₹ |
| Stock P/E | 39.3 | Book Value | 9.34 ₹ | Dividend Yield | 0.73 % | ROCE | 32.1 % |
| ROE | 24.1 % | Face Value | 1.00 ₹ | DMA 50 | 91.8 ₹ | DMA 200 | 100 ₹ |
| Chg in FII Hold | -0.21 % | Chg in DII Hold | -1.50 % | PAT Qtr | 135 Cr. | PAT Prev Qtr | 173 Cr. |
| RSI | 52.3 | MACD | 1.65 | Volume | 97,54,327 | Avg Vol 1Wk | 1,00,45,498 |
| Low price | 77.2 ₹ | High price | 131 ₹ | PEG Ratio | 1.42 | Debt to equity | 0.00 |
| 52w Index | 27.0 % | Qtr Profit Var | 4.89 % | EPS | 2.30 ₹ | Industry PE | 18.5 |
📈 Chart & Trend: NBCC is trading near its 50 DMA (91.8 ₹) and below its 200 DMA (100 ₹), indicating short-term consolidation with mild long-term weakness. RSI at 52.3 reflects neutral momentum, while MACD at 1.65 shows a slightly positive crossover. Bollinger Bands remain moderately tight, suggesting limited volatility.
🔎 Momentum Signals: Short-term momentum is neutral-to-positive but capped by resistance. Strong support lies at 88–90 ₹, while resistance is seen at 96–100 ₹. Entry zone: 88–90 ₹. Exit zone: 96–100 ₹.
📊 Volume Trends: Current volume (97.5 lakh) is slightly below the 1-week average (100.4 lakh), indicating reduced participation and consolidation pressure.
Positive
- Strong ROCE (32.1%) and ROE (24.1%) highlight efficient capital use.
- Debt-free balance sheet (0.00 debt-to-equity) ensures financial stability.
- Quarterly PAT recovery (135 Cr. vs 173 Cr.) still reflects resilience despite decline.
Limitation
- High P/E (39.3) compared to industry average (18.5) suggests overvaluation.
- Stock trading below 200 DMA signals medium-term weakness.
- Volume below average indicates weak momentum strength.
Company Negative News
- FII holdings declined (-0.21%) and DII holdings dropped (-1.50%), showing reduced institutional confidence.
Company Positive News
- Quarterly profit variation (+4.89%) shows earnings improvement compared to prior weakness.
- EPS at 2.30 ₹ supports valuation stability.
Industry
- Industry PE at 18.5 indicates sector is moderately valued compared to NBCC’s premium pricing.
- Construction and infrastructure sector benefiting from government-led projects but facing margin pressures.
Conclusion
NBCC is consolidating near support levels with neutral momentum. Strong fundamentals and debt-free status support long-term stability, but overvaluation and weak institutional sentiment limit upside potential. Best suited for cautious accumulation near 88–90 ₹ with profit booking around 96–100 ₹.