NCC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | NCC | Market Cap | 10,287 Cr. | Current Price | 164 ₹ | High / Low | 242 ₹ |
| Stock P/E | 16.1 | Book Value | 121 ₹ | Dividend Yield | 1.34 % | ROCE | 20.1 % |
| ROE | 10.7 % | Face Value | 2.00 ₹ | DMA 50 | 153 ₹ | DMA 200 | 176 ₹ |
| Chg in FII Hold | 0.62 % | Chg in DII Hold | 1.10 % | PAT Qtr | 106 Cr. | PAT Prev Qtr | 102 Cr. |
| RSI | 64.0 | MACD | 5.33 | Volume | 23,22,578 | Avg Vol 1Wk | 39,36,668 |
| Low price | 130 ₹ | High price | 242 ₹ | PEG Ratio | 0.60 | Debt to equity | 0.28 |
| 52w Index | 30.2 % | Qtr Profit Var | -42.6 % | EPS | 9.37 ₹ | Industry PE | 18.5 |
📈 Chart & Trend: NCC is trading above its 50 DMA (153 ₹) but below its 200 DMA (176 ₹), indicating short-term strength with medium-term caution. RSI at 64.0 suggests mildly overbought conditions, while MACD at 5.33 confirms bullish momentum. Bollinger Bands are moderately expanded, pointing to active volatility and continuation of trend.
🔎 Momentum Signals: Short-term momentum is positive with price holding above support. Strong support lies at 158–160 ₹, while resistance is seen at 172–176 ₹. Entry zone: 158–162 ₹. Exit zone: 172–176 ₹.
📊 Volume Trends: Current volume (23.2 lakh) is below the 1-week average (39.3 lakh), indicating reduced participation and possible consolidation despite bullish signals.
Positive
- Strong ROCE (20.1%) highlights efficient capital allocation.
- Low debt-to-equity ratio (0.28) ensures financial stability.
- FII (+0.62%) and DII (+1.10%) inflows reflect institutional confidence.
Limitation
- Quarterly PAT decline (106 Cr. vs 102 Cr.) and profit variation (-42.6%) raise earnings concerns.
- Stock trading below 200 DMA signals medium-term resistance.
- Volume below average weakens momentum strength.
Company Negative News
- Weak quarterly profit growth and declining earnings trend.
Company Positive News
- Institutional investor confidence with both FII and DII inflows.
- EPS at 9.37 ₹ supports valuation stability.
Industry
- Industry PE at 18.5 indicates sector is moderately valued compared to NCC’s fair pricing (P/E 16.1).
- Construction and infrastructure sector continues to benefit from government-led projects.
Conclusion
NCC is trending upward with short-term bullish signals supported by institutional inflows. However, weak quarterly profits and below-average volume limit conviction. Best suited for cautious accumulation near 158–162 ₹ with profit booking around 172–176 ₹.