NBCC Share Price Target 2024, 2025, 2030, 2040, 2050
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.
It also works for a private company. We will discuss this company in detail so, scroll down to know more.
What is NBCC (India) Ltd NSE: NBCC?
Contents
- 1 What is NBCC (India) Ltd NSE: NBCC?
- 2 NBCC share price target tomorrow
- 3 NBCC Share Price Target 2024
- 4 NBCC Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Price forecast
- 9 Should I Buy NTPC Stock?
- 10 NBCC (India) Ltd Earning Results(March 2024)
- 11 Is NBCC Stock Good to Buy? (Bull case & Bear case)
- 12 Conclusion
- 13 FAQs
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.
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 | 186 | 217 |
| October | 190 | 230 |
| November | 212 | 239 |
| December | 230 | 260 |
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 | 260 | 365 |
| Month | Minimum Price | Maximum Price |
| January | 260 | 275 |
| February | 270 | 287 |
| March | 265 | 290 |
| April | 272 | 300 |
| May | 280 | 295 |
| June | 290 | 314 |
| July | 294 | 320 |
| August | 300 | 325 |
| September | 312 | 330 |
| October | 320 | 335 |
| November | 340 | 350 |
| December | 348 | 365 |
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 |
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 |
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 | 260 | 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.
NBCC (India) Ltd Earning Results(March 2024)
| Market cap | ₹33,262 Cr |
| Establishment | November 15, 1960 |
| Headquarter | New Delhi, India |
| Chairman | Shri K. P. Mahadevaswamy |
| PE ratio (TTM) | 82.83 |
| ROE | 18.04% |
| ROCE | 27.57% |
| PB ratio | 14.95 |
| CAGR | 219% ( 1 year ) |
| Dividend | 0.41 % |
| Total Revenue | 4,024.50 |
| Total Operating Expense | 3,878.29 |
| Operating Income | 146.21 |
| Net Income | 136.08 |
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.
