NCC Ltd Share Price Target 2024, 2025 to 2030

NCC Limited, formerly known as Nagarjuna Construction Company Limited, is one of India’s leading construction and infrastructure enterprises. Founded in 1978 and headquartered in Hyderabad, NCC has established a robust presence across the country and beyond, undertaking a wide array of projects that span various sectors including buildings, water and environment, mining, transportation, power, irrigation, and real estate.

Over the past four decades, NCC has built a reputation for delivering high-quality projects on time and within budget, fostering trust and respect among its clients, financial institutions, associates, and shareholders. The company’s commitment to excellence and innovation has enabled it to successfully navigate the complexities of the construction industry and consistently achieve outstanding results.

Shareholding Patterns of NCC Ltd

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters +	22.00%	22.00%	22.00%	22.00%	22.00%
FIIs +	22.46%	24.18%	23.89%	27.33%	23.65%
DIIs +	12.29%	11.03%	10.52%	10.63%	11.40%
Public +	43.24%	42.81%	43.59%	40.03%	42.96%
No. of Shareholders	2,94,581	3,29,498	3,67,822	4,05,037	4,71,532

The shareholding patterns of NCC Ltd from June 2023 to June 2024 reflect a stable and diverse ownership structure, indicating confidence and interest from various investor groups.

Throughout this period, the promoters consistently held a 22.00% stake in the company, demonstrating a firm commitment and confidence in NCC’s long-term prospects.

Foreign Institutional Investors (FIIs) exhibited fluctuations in their holdings. In June 2023, FIIs held 22.46%, which increased to 24.18% by September 2023. However, there was a slight decrease to 23.89% in December 2023, followed by a significant rise to 27.33% in March 2024, before settling back to 23.65% in June 2024. This variability indicates active engagement and strategic adjustments by foreign investors.

Domestic Institutional Investors (DIIs) showed a decreasing trend from 12.29% in June 2023 to 10.52% in December 2023, before slightly increasing to 10.63% in March 2024 and further to 11.40% in June 2024. This pattern suggests cautious optimism among domestic institutional investors.

Public shareholding remained relatively stable, starting at 43.24% in June 2023, experiencing a minor drop to 42.81% in September 2023, and fluctuating around the 43% mark before decreasing to 40.03% in March 2024 and rebounding to 42.96% in June 2024. This stability indicates steady interest and participation from retail investors.

The number of shareholders consistently increased over the year, from 2,94,581 in June 2023 to 4,71,532 in June 2024. This growth signifies increasing interest and trust in NCC Ltd from a broadening investor base.

How to Purchase NCC Ltd Shares in India?

Below are the trading platforms that you can use to purchase NCC Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

NCC Ltd Share Price Target 2024, 2025 to 2030

NCC Ltd Share Price Target 2024

When	Maximum Price	Minimum Price
August 2024	351.60	305.74
September 2024	365.67	317.97
October 2024	358.50	311.74
November 2024	372.84	324.21
December 2024	376.57	327.45

In 2024, NCC Ltd’s stock prices are projected to reach a maximum of ₹351.60 and a minimum of ₹305.74 in August. By December 2024, the prices are expected to increase, with the maximum reaching ₹376.57 and the minimum at ₹327.45. This indicates a steady upward trend in NCC Ltd’s stock prices as the year progresses.

NCC Ltd Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	380.33	292.56
February 2025	384.17	295.52
March 2025	392.24	301.72
April 2025	388.36	298.74
May 2025	377.05	290.04
June 2025	394.01	303.09
July 2025	386.29	297.14
August 2025	398.23	306.33
September 2025	403.01	310.01
October 2025	413.49	318.07
November 2025	423.83	326.02
December 2025	442.90	340.69

In 2025, NCC Ltd’s stock prices are projected to reach a maximum of ₹380.33 and a minimum of ₹292.56 in January. By December 2025, the prices are expected to rise significantly, with the maximum reaching ₹442.90 and the minimum at ₹340.69.

NCC Ltd Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	456.19	350.91
February 2026	444.78	342.14
March 2026	453.68	348.98
April 2026	462.94	356.11
May 2026	458.36	352.58
June 2026	469.81	361.40
July 2026	460.60	354.31
August 2026	474.85	365.27
September 2026	484.34	372.57
October 2026	496.94	382.26
November 2026	509.36	391.82
December 2026	522.09	401.61

NCC Ltd Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	527.32	405.63
February 2027	540.84	416.03
March 2027	561.93	432.25
April 2027	550.91	423.78
May 2027	534.86	411.43
June 2027	558.93	429.95
July 2027	547.97	421.52
August 2027	564.92	434.56
September 2027	584.69	449.76
October 2027	599.90	461.46
November 2027	614.89	473.00
December 2027	630.27	484.82

NCC Ltd Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	642.87	494.52
February 2028	659.36	507.20
March 2028	685.07	526.98
April 2028	671.64	516.64
May 2028	652.08	501.60
June 2028	681.42	524.17
July 2028	668.06	513.89
August 2028	688.72	529.78
September 2028	712.82	548.33
October 2028	731.36	562.58
November 2028	749.64	576.65
December 2028	768.38	591.06

NCC Ltd Share Price Prediction 2029

When	Maximum Price	Minimum Price
January 2029	783.75	602.88
February 2029	803.85	618.34
March 2029	835.20	642.46
April 2029	818.82	629.86
May 2029	794.97	611.52
June 2029	830.74	639.03
July 2029	814.46	626.50
August 2029	839.64	645.88
September 2029	869.03	668.49
October 2029	891.63	685.87
November 2029	913.92	703.01
December 2029	936.77	720.59

NCC Ltd Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	955.50	735.00
February 2030	980.00	753.85
March 2030	1,018.22	783.25
April 2030	998.26	767.89
May 2030	969.18	745.52
June 2030	1,012.79	779.07
July 2030	992.94	763.80
August 2030	1,023.64	787.42
September 2030	1,059.47	814.98
October 2030	1,087.02	836.17
November 2030	1,114.19	857.07
December 2030	1,142.05	878.50

In 2030, NCC Ltd’s stock prices are expected to show a significant upward trend. As we step into January, the maximum price is projected to reach ₹955.50 and the minimum at ₹735.00. By December 2030, these values are anticipated to increase, with the maximum price reaching ₹1,142.05 and the minimum price at ₹878.50. This forecast suggests a robust appreciation in NCC Ltd’s stock prices throughout the year.

Financial Condition of NCC Ltd

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	8,901	7,949	11,138	15,553	20,845
Expenses +	7,824	7,030	10,110	14,094	19,076
Operating Profit	1,077	919	1,028	1,459	1,769
OPM %	12%	12%	9%	9%	8%
Other Income +	63	105	272	144	99
Interest	554	480	478	515	595
Depreciation	199	181	187	203	212
Profit before tax	387	363	635	885	1,061
Tax %	19%	22%	22%	27%	30%
Net Profit +	314	283	494	646	740
EPS in Rs	5.52	4.4	7.91	9.7	11.32
Dividend Payout %	4%	18%	25%	23%	19%

NCC Ltd has shown a robust financial performance over the past five years from March 2020 to March 2024. Sales have significantly increased, rising from ₹8,901 crore in March 2020 to ₹20,845 crore in March 2024, demonstrating strong growth. Correspondingly, expenses have also grown from ₹7,824 crore to ₹19,076 crore, reflecting the company’s expansion and increased operational activities. Despite this, operating profit has steadily improved from ₹1,077 crore in March 2020 to ₹1,769 crore in March 2024, though the Operating Profit Margin (OPM) decreased from 12% to 8%, indicating tighter profit margins.

Other income has been variable, peaking at ₹272 crore in March 2022 but reducing to ₹99 crore by March 2024. Interest expenses have shown a slight upward trend, from ₹554 crore in March 2020 to ₹595 crore in March 2024, while depreciation costs have remained relatively stable around the ₹200 crore mark. Profit before tax has seen a steady rise, reaching ₹1,061 crore in March 2024 from ₹387 crore in March 2020, highlighting improved profitability.

The tax rate has increased, reaching 30% in March 2024 from 19% in March 2020, impacting net profit growth. Nonetheless, net profit has more than doubled from ₹314 crore to ₹740 crore over the five-year period. Earnings per Share (EPS) have also shown positive growth, from ₹5.52 in March 2020 to ₹11.32 in March 2024, indicating better returns for shareholders. Dividend payout ratio fluctuated, peaking at 25% in March 2022 but slightly declining to 19% by March 2024. Overall, NCC Ltd’s financials reflect substantial growth in sales and profits, despite rising costs and tighter profit margins.

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