Report
EUR 14.38 For Business Accounts Only

An unfavourable environment weighs on NCC, which sees a downgrade to Neutral

The independent financial analyst theScreener just requalified the general evaluation of NCC (IN), active in the Heavy Construction industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date October 26, 2021, the closing price was INR 74.95 and its target price was estimated at INR 60.99.
Underlying
NCC
NCC

Nagarjuna Construction Company is a heavy construction and infrastructure development company which is based in India. Co.'s areas of construction activity include industrial & commercial buildings, roads, bridges & flyovers, water supply & environmental projects, housing, power transmission lines, real estate development, irrigation and hydropower projects and social amenities. Co.'s project matrix is organized into six operating divisions: Buildings & Housing; Transportation; Water & Environment; Irrigation; Electrical Division and Real Estate.

Provider
TheScreener
TheScreener

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