NCC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | NCC | Market Cap | 9,228 Cr. | Current Price | 147 ₹ | High / Low | 242 ₹ |
| Stock P/E | 14.4 | Book Value | 121 ₹ | Dividend Yield | 1.50 % | ROCE | 20.1 % |
| ROE | 10.7 % | Face Value | 2.00 ₹ | DMA 50 | 152 ₹ | DMA 200 | 183 ₹ |
| Chg in FII Hold | -1.38 % | Chg in DII Hold | -1.35 % | PAT Qtr | 106 Cr. | PAT Prev Qtr | 102 Cr. |
| RSI | 48.5 | MACD | -1.85 | Volume | 31,99,921 | Avg Vol 1Wk | 32,67,173 |
| Low price | 135 ₹ | High price | 242 ₹ | PEG Ratio | 0.54 | Debt to equity | 0.28 |
| 52w Index | 10.9 % | Qtr Profit Var | -42.6 % | EPS | 9.37 ₹ | Industry PE | 15.2 |
📉 Chart & Trend: NCC is trading at ₹147, below both 50 DMA (₹152) and 200 DMA (₹183), confirming a bearish setup. RSI at 48.5 shows neutral momentum, while MACD at -1.85 indicates weak negative crossover. Bollinger Bands suggest price is mid-range, reflecting consolidation with mild weakness.
📊 Volume: Current volume (31.9 L) is nearly equal to the 1-week average (32.6 L), showing balanced participation without strong buying or selling bias.
📈 Momentum Signals: Short-term momentum is weak. Support levels are seen at ₹140–₹145 and strong support at ₹135. Resistance lies at ₹152 (50 DMA) and ₹183 (200 DMA).
🎯 Entry Zone: ₹140–₹145 (risk-managed entry zone).
🚪 Exit Zone: ₹152–₹160 (profit-taking zone near resistance).
🔎 Trend Status: Consolidation with bearish bias. The stock is consolidating below key moving averages, struggling to regain upward momentum.
Positive
- Strong ROCE (20.1%) indicates efficient capital use.
- Dividend yield of 1.50% adds investor appeal.
- PEG ratio of 0.54 suggests attractive growth valuation.
- Book value of ₹121 provides margin of safety relative to current price.
Limitation
- ROE at 10.7% is modest compared to peers.
- Price trading below both 50 DMA and 200 DMA reflects technical weakness.
- Quarterly profit variation at -42.6% highlights earnings volatility.
Company Negative News
- PAT growth slowed (₹106 Cr vs ₹102 Cr), showing limited earnings momentum.
- FII holding reduced by -1.38% and DII holding by -1.35%, reflecting weaker institutional sentiment.
Company Positive News
- EPS at ₹9.37 remains stable despite profit pressure.
- Dividend yield of 1.50% supports shareholder returns.
Industry
- Industry PE at 15.2 is slightly higher than NCC’s P/E of 14.4, suggesting fair valuation relative to peers.
- Construction and infrastructure sector is cyclical, sensitive to government spending and project execution timelines.
Conclusion
⚠️ NCC is in a consolidation phase with bearish bias, trading below key moving averages with neutral RSI and weak MACD. Fundamentals show fair valuation and decent ROCE, but modest ROE, profit volatility, and reduced institutional support limit upside. Short-term traders may consider entries near ₹140–₹145 with exits around ₹152–₹160, while long-term investors should wait for earnings stability and price recovery above ₹183 before fresh accumulation.
Would you like me to extend this into a peer benchmarking overlay against other infrastructure players like NBCC, L&T, and IRB Infra? That would highlight whether NCC’s weakness is sector-driven or company-specific.