NBCC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | NBCC | Market Cap | 25,596 Cr. | Current Price | 94.8 ₹ | High / Low | 131 ₹ |
| Stock P/E | 40.7 | Book Value | 9.34 ₹ | Dividend Yield | 0.71 % | ROCE | 32.1 % |
| ROE | 24.1 % | Face Value | 1.00 ₹ | DMA 50 | 92.9 ₹ | DMA 200 | 99.4 ₹ |
| Chg in FII Hold | -0.21 % | Chg in DII Hold | -1.50 % | PAT Qtr | 135 Cr. | PAT Prev Qtr | 173 Cr. |
| RSI | 54.2 | MACD | 0.74 | Volume | 1,17,56,092 | Avg Vol 1Wk | 80,91,663 |
| Low price | 77.2 ₹ | High price | 131 ₹ | PEG Ratio | 1.47 | Debt to equity | 0.00 |
| 52w Index | 32.9 % | Qtr Profit Var | 4.89 % | EPS | 2.30 ₹ | Industry PE | 17.6 |
📈 Chart & Trend: NBCC is trading at 94.8 ₹, slightly above its 50 DMA (92.9 ₹) but below its 200 DMA (99.4 ₹), indicating mild short-term strength but long-term weakness. Support lies at 92–93 ₹, with resistance around 98–100 ₹.
🔎 Momentum Signals: RSI at 54.2 suggests neutral momentum leaning bullish. MACD at 0.74 shows a weak positive crossover. Entry zone: 92–93 ₹. Exit zone: 98–100 ₹.
📊 Volume Trends: Current volume (1.17 Cr.) is significantly above the 1-week average (80.9 Lakh), reflecting strong participation and short-term interest.
📉 Bollinger Bands: Bands are moderately wide, suggesting volatility expansion and potential breakout attempts.
📌 Trend Status: The stock is consolidating with mild bullish bias but facing resistance near 100 ₹.
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.
- EPS of 2.30 ₹ supports profitability.
- Trading above 50 DMA signals short-term strength.
Limitation
- High P/E (40.7) compared to industry average (17.6) indicates overvaluation.
- Stock trading below 200 DMA reflects long-term weakness.
- Quarterly PAT declined (135 Cr. vs 173 Cr.), showing earnings pressure.
- PEG ratio of 1.47 suggests moderate valuation risk.
Company Negative News
- Decline in FII holding (-0.21%) and DII holding (-1.50%) shows reduced institutional confidence.
Company Positive News
- Quarterly profit variation (+4.89%) indicates slight improvement despite decline in absolute PAT.
- Strong trading volumes reflect renewed investor interest.
Industry
- Industry PE at 17.6 suggests sector is moderately valued compared to NBCC’s premium valuation.
- Construction and infrastructure sector showing steady demand but margin pressures remain.
Conclusion
NBCC is consolidating with mild bullish bias, supported by strong volumes and short-term strength above 50 DMA. However, overvaluation, declining institutional holdings, and earnings pressure limit upside potential. Best suited for cautious entry near 92–93 ₹ with profit booking around 98–100 ₹.
NBCC is currently in a consolidating phase with short-term bullish bias. To deepen the view, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its position against other infrastructure peers.