Buy NCC, target Rs 136: Manas Jaiswal
Synopsis
Buy NCC Ltd. at a price target of Rs 136.0 and a stop loss at Rs 129 from the entry point.
Time period given by the analyst is Intra Day when NCC price can reach defined target.
Manas Jaiswal recommended keeping a stop loss at Rs 129.
NCC, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 7,877.48 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.
The company has M Bhaskara Rao & Co. as its auditors.
Stocks Recommendations
As on 31-03-2018, the company has a total of 600,646,588 shares outstanding.