NCC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | NCC | Market Cap | 9,168 Cr. | Current Price | 146 ₹ | High / Low | 242 ₹ |
| Stock P/E | 14.8 | Book Value | 121 ₹ | Dividend Yield | 1.51 % | ROCE | 15.2 % |
| ROE | 8.26 % | Face Value | 2.00 ₹ | DMA 50 | 156 ₹ | DMA 200 | 173 ₹ |
| Chg in FII Hold | 0.62 % | Chg in DII Hold | 1.10 % | PAT Qtr | 220 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 33.8 | MACD | -1.92 | Volume | 20,55,994 | Avg Vol 1Wk | 22,66,955 |
| Low price | 130 ₹ | High price | 242 ₹ | PEG Ratio | 2.92 | Debt to equity | 0.30 |
| 52w Index | 14.4 % | Qtr Profit Var | -9.05 % | EPS | 9.19 ₹ | Industry PE | 17.6 |
📈 Chart & Trend: NCC is trading at 146 ₹, below both its 50 DMA (156 ₹) and 200 DMA (173 ₹), reflecting weakness. Support lies at 140–145 ₹, with resistance around 155–160 ₹.
🔎 Momentum Signals: RSI at 33.8 indicates oversold conditions, suggesting potential for a short-term bounce. MACD at -1.92 shows bearish crossover pressure. Entry zone: 140–145 ₹. Exit zone: 155–160 ₹.
📊 Volume Trends: Current volume (20.6 Lakh) is slightly below the 1-week average (22.7 Lakh), showing reduced participation and cautious sentiment.
📉 Bollinger Bands: Bands are moderately wide, reflecting volatility with downside bias.
📌 Trend Status: The stock is reversing downward from recent highs, with oversold signals hinting at possible short-term recovery.
Positive
- ROCE (15.2%) and ROE (8.26%) show moderate efficiency.
- Dividend yield of 1.51% provides shareholder returns.
- FII holdings increased (+0.62%) and DII holdings increased (+1.10%), showing institutional support.
- Debt-to-equity ratio of 0.30 indicates manageable leverage.
Limitation
- Stock trading below both 50 DMA and 200 DMA signals weakness.
- RSI near oversold levels reflects bearish sentiment.
- Quarterly PAT decline (220 Cr. vs 106 Cr. previous) shows earnings volatility.
- PEG ratio of 2.92 suggests valuation risk relative to growth.
- 52-week index at 14.4% highlights underperformance.
Company Negative News
- Quarterly profit variation (-9.05%) indicates earnings pressure.
Company Positive News
- EPS of 9.19 ₹ supports profitability.
- Institutional holdings (FII + DII) show confidence despite weak momentum.
Industry
- Industry PE at 17.6 suggests sector is moderately valued compared to NCC’s lower P/E (14.8), making it relatively attractive.
- Construction and infrastructure sector continues to face margin pressures but benefits from government-led projects.
Conclusion
NCC is reversing downward with weak momentum, trading below key moving averages. Oversold RSI suggests potential for a short-term bounce, but earnings volatility and underperformance limit upside. Best suited for cautious entry near 140–145 ₹ with profit booking around 155–160 ₹.
NCC is currently in a reversal phase with oversold signals. To strengthen the view, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its position against other infrastructure peers.