NCC Ltd shares in focus on receiving Rs 218.82 cr order in February 2025

NCC's shares are likely to remain in focus on Monday, March 3, after the company announced that it won order(s) worth Rs 218.82 crore in February 2025.

The order was received by the company from the transportation division and is received from the State Government.

“NCC Limited has received an order valuing t 218.82 Crores (Excluding GST) in the month of February 2025. The order is related to Transportation Division and is received from State Government and does not include any internal order,” NCC said in an exchange filing.


NCC also informed that the order has been received in the normal course of business of the company and is expected to be completed in the next 36 months.

Also read: Oversold Nifty may see a technical bounce: Analysts

NCC share price performance

Over the past year, NCC shares have declined by 29.45%. Year-to-date (YTD), the price has dropped by 36.93%. Over the last six months, the price has decreased by 45.91%, while in the past three months, it has fallen by 42.23%.

The shares of NCC closed 2.10% lower at Rs 175 on the BSE on Friday.

NCC shares technical placement

The shares of NCC are currently placed below all its significant short, medium and long-term exponential moving averages (EMAs). The stock price is oscillating near the 29 mark on the relative strength indicator (RSI).

RSI below 30 is considered oversold. This implies that stock may rebound, according to the Trendlyne data.

NCC share price target

According to an average rating of 12 analysts, available on Trendlyne, the target price of NCC shares is Rs 365 per share.

Out of these 12 analysts, 9 recommend a ‘strong buy’ rating on the stock while 2 and 1 recommend a ‘sell’ and ‘hold’ respectively.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)