NCC Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | NCC Limited Businesses, Future Plans, Fundamentals and more
Do you want to know about NCC Share? if yes, then you are at the right place.
We all know that the construction company is going to grow a lot in the future. Because as the economy of our country grows, the demand for infrastructure will also increase, and in such a situation, the construction company will grow with more profit.
Hey friends, I am Sachin and in this article we are gonna talk about NCC Limited Company. Because we know that it will grow in future and if we invest in it our money will also grow. So let us first talk about the company’s businesses and its financials. And after understanding all these very well, we will try to predict the NCC Share Price Target. So stay tuned till the end of this blog, let’s get started.
About NCC Limited
NCC Limited is multinational engineering and construction company of India. The company was founded in the year 1969 and is headquartered in Hyderabad, India. NCC operates in the infrastructure development sector, including areas such as power, water, roads, buildings, and real estate. It has executed a variety of projects across India and in several other countries.
NCC Limited operates in the following businesses:
- Construction and Engineering: Company involves in construction of buildings, infrastructure projects, roads and bridges.
- Real Estate: This segment of NCC involves the development of commercial, residential and retail properties.
- Mining: This segment involves development of coal mines and other mineral mines. The company also provides project management and consultancy services.
- Water and Environment Management: It involves water treatment and sewage treatment projects, as well as environmental management and consultancy services.
- Power: This segment focuses on development of renewable and thermal energy projects.
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NCC Financial Trends
If we talk about the revenue and profit of NCC Limited company then – Its revenue in 2019 has been ₹ 12,896 crore and profit is ₹ 579 crore. There was a revenue of ₹ 8,901 crore in 2020 and a profit of ₹ 337 crore. In the same 2021, there was a profit of ₹ 268 crore with a revenue of ₹ 7,949 crore. And this year i.e. in 2022 there has been a strong profit of ₹482 crores with a revenue of ₹11,138 crores.
NCC Share Price Target 2023, 2024, 2025, 2026, 2030 Table
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NCC Share Price Target 2023
NCC has been providing very good returns to its investors for years. It has given tremendous returns of 25% in the last year i.e from February 2022 to February 2023 and has given good returns of 50% in the last 6 months. The company is performing well, so in 2023, the minimum NCC Share Price can be seen at ₹95, whereas the maximum share price can be seen at ₹98.
NCC Share Price Target 2024
If we look at its fundamentals, at present its market capitalization is more than 5000 crores, that is, it is a mid cap stock. The P/E ratio of the NCC is 9.88, which is fine according to its growth. And its ROE is 8.96% and EPS is 9.36 which is very good according to its price. The company is trading low from its book value so this could be a good buying opportunity for you right now.
Keeping this in mind, the minimum and maximum NCC Share Price Target 2024 can be ₹102 and ₹105 respectively. Due to the good fundamentals, it is currently seeing positive movements, which is a good thing.
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NCC Share Price Target 2025
The financial trends of the company are also almost fine. Its profit has been increasing continuously for 3 years, it had a profit of 482 crores in 2022, which is more than in 2021. Good growth is also being seen in its revenue and net worth of NCC.
keeping this in mind, NCC Share Price Target 2025 can be ₹118 and maximum price can be ₹122. Due to good financials, we will get to see good growth in long term.
NCC Share Price Target 2030
The management of the company is taking big steps to increase the profit. Due to which we will get to see a very good rise in its share price. Its best thing is that there is not much debt on it. Currently NCC has a debt of ₹2,002 crore and its debt to equity ratio is 0.34.
Taking into account, the minimum and maximum NCC Share Price Target 2030 can be ₹220 and ₹250 respectively. For more details about the NCC Share watch this video.
The construction company may be profitable in the long term. Because our country is a growing country, from which development will be done by creating infrastructure and construction company will be benefited. But, if you can invest in any stock, then definitely take the opinion of experts and never invest by taking a loan or by seeing share price target.
I hope you liked this article and got to know many things about NCC Share Price Target 2023, 2024, 2025, 2030, 2040. If you liked this article, then definitely share it and if you want to know anything else or ask something, then you can comment.
Where is NCC headquartered?
NCC is headquartered in Hyderabad, India.
Is NCC a debt free company?
No, NCC is not a debt free company, it has a debt of ₹2,002 crore and its debt to equity ratio is 0.34.
Is NCC share good to buy for long term?
I think NCC can give very good profit in long run, as its business model is very strong. And anyway in the future we will get to see very good growth in construction company. But whether to invest money in it or not it completely depends on you.
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