NCC Ltd. News and Updates

Name: Latest research reports of NCC Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: NCC Ltd.
Rating: 5
Author: Prabhudas Lilladhar

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NCC Ltd.

12 Feb 2021

212.10

1.62%

Q3FY21 Result Update - Large order inflows keeps the outlook strong - BUY

Buy: NCC Ltd.

Target

Prabhudas Lilladhar

Rs77bn) with blended EBITDAM in the range of 12%. NCC reported weak quarterly numbers as revenues came below our and street estimates due to tepid execution levels. However, rigid cost control disbursements from Central and State Govt. authorities and easing of finance cost burden (down 25% YoY) with lower interest rates and reduced performance BG requirements. Due to lower than anticipated 9M execution levels, management reduced FY21 revenue guidance to Rs71-72bn (earlier Rs77bn) but maintained strong optimism going ahead led by strong order...

NCC Ltd. is trading below all available SMAs

NCC Ltd.

12 Feb 2021

212.10

1.62%

NCC Limited

Buy: NCC Ltd.

Recommendation Target

ICICI Securities Limited

Strong inflows boost order book; execution set to pick up NCC's order book at the end of Q3FY21 was strong at | 39,182 crore (book to TTM bill ratio: 5.7x) mainly backed by healthy order inflows of ~| 20000 crore secured during 9MFY21 (and | 1200 crore, thereafter in January, 2021). Going forward, the management has indicated towards strong momentum in different infrastructure verticals and has guided for ~| 2,000 crore of order inflows in the remaining period of FY21. On the execution front, NCC has witnessed QoQ improvement in the topline performance over the past few...

NCC Ltd. has lost -33.03% in the last 1 Year

NCC Ltd.

01 Jan 2021

212.10

1.62%

NCC share price rises 5% on new orders of Rs 8,980 crore

Moneycontrol

The share touched its 52-week high Rs 61 and 52-week low Rs 15.90 on January 16, 2020 and March 30, 2020, respectively.

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC jumps 5%, hovers near 52-week high on winning Rs 8,980 cr orders in Dec

Business Standard | 01 Jan 2021 1 more

NCC Ltd.

30 Dec 2020

212.10

1.62%

NCC Board nod for preferential issue of warrants to promoters

Business Line

Om Prakash Jagetiya appointed as an Additional Director in the category of Non-Executive lndependent Director

NCC Ltd. is trading below all available SMAs

NCC Ltd.

23 Dec 2020

212.10

1.62%

NCC Board to consider issue of warrants

Business Line

NCC Limited (formerly Nagarjuna Construction Company Limited) has said that the company's Board of Directors will meet on December 30, 2020 to finalis

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

12 Nov 2020

212.10

1.62%

Buy NCC; target of Rs 47: Dolat Capital Market

Moneycontrol

Dolat Capital Market is bullish on NCC has recommended buy rating on the stock with a target price of Rs 47 in its research report dated November 10, 2020.

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

11 Nov 2020

212.10

1.62%

NCC LIMITED

Buy: NCC Ltd.

Target

Geojit BNP Paribas

Q2FY21 revenue declined by 11% YoY (better than estimate) as monsoon & labour availability impacted execution. EBITDA margin improved by 16bps YoY to 13.6% due to cost control measures and better product mix. Order book remain healthy at Rs29,360cr (4.2x TTM revenue)...

NCC Ltd. is trading below all available SMAs

NCC Ltd.

11 Nov 2020

212.10

1.62%

NCC Limited

Hold: NCC Ltd.

Target

ICICI Securities Limited

Labour migration and supply chain disruption has largely impacted NCC's performance during H1FY21. Going ahead, we expect a gradual recovery from H2FY21 with key solace being controlled debt levels. We note that NCC is currently trading at 6.2x FY22E P/E. However, we would turn constructive only when we witness an improvement in working capital. We assign HOLD...

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

10 Nov 2020

212.10

1.62%

NCC posts lower net profit of 58 crore in Q2

Business Line

NCC Limited (NCC) has posted a lower profit of 58.41 crore for the second quarter ended September 30, 2020 as against a profit of 80.04 crore for th

NCC Ltd. is trading below all available SMAs

NCC Ltd.

10 Nov 2020

212.10

1.62%

Q2FY21 Result Update - Execution nearing normalcy; Guidance renewed

Buy: NCC Ltd.

Prabhudas Lilladhar

Q2FY21 vs 55-60% in Q1. Despite the pandemic scenario, working capital levels have been effectively managed on the back of timely disbursements from Central and State Govt authorities (except some projects in AP & Telangana). Further, lowering of interest rate and availing low interest Covid loan of Rs1.8bn has led overall blended interest rate to come down 9.3%. With operations nearing pre-covid efficiency levels in H2, robust order inflows and...