Sell NCC, target Rs 122: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on NCC Ltd. with a target price of Rs 122. The current market price of NCC Ltd. is Rs 127.75 Time period given by analyst is Intra Day when NCC Ltd. price can reach defined target. Manas Jaiswal recommended to keep stop loss at Rs 131

NCC Ltd., incorporated in 1990, is a mid-cap company with a market cap of Rs 7934.54 crore.

NCC Ltd. key Products/Revenue Segments include Income From Contracts which contributed Rs 7880.27 Crore to Sales Value (99.85 % of Total Sales) and Other Operating Revenue which contributed Rs 11.81 Crore to Sales Value (0.14 % of Total Sales)for the year ending 31-Mar-2017.



The company’s top management includes Dr.A S Durga Prasad, Mr.A A V Ranga Raju, Mr.A G K Raju, Mr.A S N Raju, Mr.A V N Raju, Mr.Amit Dixit, Mr.Hemant M Nerurkar, Mr.J V Ranga Raju, Mr.R V Shastri, Mr.S Ravi, Mr.Utpal Sheth, Mrs.Renu Challu. Company has M Bhaskara Rao & Co. as its auditoRs As on 31-03-2018, the company has a total of 600,646,588 shares outstanding.