Buy NCC Ltd. target Rs 130.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has buy call on NCC Ltd. with a target price of Rs 130.0 . The current market price of NCC Ltd. is Rs 123.65 Time period given by analyst is Intra Day when NCC Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 119
NCC Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 6835.18 Crore) operating in Construction sector.

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.

For the quarter ended 31-03-2016, the company has reported a Consolidated sales of Rs 2772.04 Crore, up 15.85 % from last quarter Sales of Rs 2392.75 Crore and up 11.75 % from last year same quarter Sales of Rs 2480.47 Crore Company has reported net profit after tax of Rs 12.97 Crore in latest quarter. 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.Neeraj Mohan, Mr.R V Shastri, Mr.S Ravi, Mr.Utpal Sheth, Mrs.Renu Challu. Company has M Bhaskara Rao & Co. as its auditoRs As on 30-09-2017, the company has a total of 555,931,588 shares outstanding.