Buy NCC, target Rs 132: Dharmesh Shah

ETMarkets.com|
Mar 13, 2018, 08.10 AM IST
Dharmesh Shah of ICICI Direct has a buy call on NCC with a target price of Rs 132.

The current market price of NCC is Rs 122.80.

Time period given by the analyst is 'Intra Day' when NCC price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 117.

NCC, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 7,375.94 Crore) operating in Construction sector.

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 31-12-2017, the company has a total of 555,931,588 shares outstanding.
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