The company was established in 1960, the main office is in Delhi. From the beginning, this company has had big projects from the government to develop roads, public areas, schools and more.
NBCC is an Indian company which works in the construction and engineering sector. The company is involved in building projects, infrastructure for security, and civil sector projects, including road development.
It is also involved in real estate business, they create apartments and townships, as well as commercial spaces like office buildings and shopping malls. In short, it handles the entire process of planning, designing, building, and delivering projects ready for use.
NBCC Share Price Target 2024
This company is much supported by the government. It receives big projects in different areas for making new infrastructure, rebuilding work and more. Maximum revenue is generated by these projects. They are involved in making railway stations, hospitals, medical colleges, offices, roads and more. This company has already made several railway stations in India. In the future, the company will give very good returns to the investors. We can expect a 260 rs price target in 2024.
Year
Minimum Price
Maximum Price
2024
79
260
Month
Minimum Price
Maximum Price
January
79
136
February
120
176
March
105
139
April
118
144
May
126
152
June
122
173
July
158
198
August
170
210
September
136
217
October
110
230
November
112
239
December
113
260
NBCC Share Price Target 2025
One of its main tasks is to redevelop government properties. They also build coal plants, cooling towers, and hospitals. They get these orders from different departments of government. At the current time, they have for building a large number of hospitals, and medical colleges in India. Along with this, the company gets orders from the private sector too. They work for both governments as well as privately. So, in 2025, 365 rs would be the price target.
Year
Minimum Price
Maximum Price
2025
110
365
Month
Minimum Price
Maximum Price
January
110
275
February
117
287
March
115
290
April
120
300
May
127
295
June
119
314
July
126
320
August
138
325
September
136
330
October
142
335
November
149
350
December
148
365
Share Price Target 2030
This company does business not only in India but also in various countries including Nepal, the Maldives, Mauritius, Libya, Iraq, Yemen, and more. They recently won their biggest international contract, which is funded by Exim Bank of India. This funding helps other countries buy goods and services from India. They are very popular because they build affordably and also they provide the best quality. In 2030, the price go up to 1040 rs, and it would be the price target for this year.
Year
Minimum Price
Maximum Price
2024
800
1040
Month
Minimum Price
Maximum Price
January
800
840
February
809
832
March
812
850
April
820
865
May
833
880
June
845
894
July
860
900
August
875
910
September
880
950
October
900
970
November
930
980
December
950
1040
Share Price Target 2040
In Maldives, Gandhi Memorial Medical Hospital is made by this company. They also worked on a new supreme court in Mauritius, a hotel in Mosul, 2,000 homes in the Maldives, and a 50 km highway in Nepal. Other countries are attracted to this company as it uses eco-friendly methods and materials and ensures their projects don’t pollute the air or water, also they demand a genuine fee for their work. So this year, the price target would be 2260 rs.
Year
Minimum Price
Maximum Price
2024
1900
2260
Month
Minimum Price
Maximum Price
January
1900
1970
February
1915
1950
March
1924
1980
April
1935
2000
May
1950
2060
June
1980
2090
July
2000
2100
August
2030
2150
September
2040
2200
October
2130
2229
November
2170
2240
December
2190
2260
Share Price Target 2050
In India, it has done many important projects in areas like infrastructure, housing, education, and transportation. they built the Indian Institute of Corporate Affairs in Manesar and the CBI Headquarters in New Delhi. Currently, NBCC is working on big projects like redeveloping government colonies in New Delhi and building. They are also constructing border fences along the Indo-Bangladesh and Indo-Pakistan borders. They will be a good future for the company and we can expect a target price of 5000 rs.
Year
Minimum Price
Maximum Price
2024
4400
5000
Month
Minimum Price
Maximum Price
January
4400
4440
February
4470
4490
March
4500
4530
April
4580
4600
May
4590
4650
June
4600
4700
July
4620
4750
August
4650
4800
September
4700
4870
October
4790
4900
November
4820
4910
December
4900
5000
Price forecast
Year
Minimum Price
Maximum Price
2024
79
260
2025
110
365
2030
800
1040
2040
1900
2260
2050
4400
5000
Should I Buy NTPC Stock?
As we have discussed the government trusts this company. This company made very huge projects for the government. Also, it did much business outside the country. It is a very trusted company. The company’s founder had its maximum share. Also, in the past year this share gave very good returns to the investors. So the company looks good to invest for the long term.
Is NBCC Stock Good to Buy? (Bull case & Bear case)
Bull Case:
It is a major player in construction and project management.
They get contracts from the government.
They handle different types of projects, which helps manage risk.
They are involved in big projects that could help them grow.
Bear Case:
They might owe a lot of money, which can be risky.
Construction projects can get delayed or cost more than planned.
Many other companies compete in the construction business.
Conclusion
In this article, we have shared your information about NBCC. This company deals with very big projects. It always gets big projects from the government of India as well as it gets projects from outside the country. The company has performed very well in the past year and expected to do good business in future too.
FAQs
Construction, Real Estate business, rebuilding, and more.
The past record is very good of this company, it has more than 100% return in last 3 years.
The company works for the government and for the private sector too and as the government support this company there will be a bright future for the company.
