Shares of the Navratna firm have risen 10.42% in a year and gained 351% in two years. Total 8.23 lakh shares of NBCC changed hands amounting to a turnover of Rs 9.93 crore today.
Shares of Raminfo hit their 20 per cent upper circuit limits at Rs 92.66 after the company won Rs 474 crore order from Rajasthan Renewable Energy Corporation through a consortium led by the company (51 per cent).
NBCC share price: The scrip traded lower than the 5-day and 200-day simple moving averages (SMAs) but higher than the 10-day, 20-, 30-, 50-, 100-day and 150-day SMAs.
NBCC share price: The scrip traded higher than the 5-day, 10-, 20-, 30-, 50-, 100-day, and 150-day simple moving averages (SMAs) but lower the 200-day SMA.
NBCC shares today jumped 3.41 per cent to hit a high of Rs 90. The stock last seen trading 2.25 per cent higher at Rs 88.97. At this price, it has corrected 22 per cent in the last six months.
Ventura said Adani Power has benefitted from rising power demand and enhanced coal availability, resulting in an increase in its average PLF. Bajaj Finance, it said, has exhibited impressive growth over the past decade.
Stock analysts noted Natco Pharma’s missed consensus Q3 estimates on both revenue and Ebitda margin fronts due to lack of Revilimid sales in US and a drop in the domestic formulations business.
Select renowned companies including Lupin, Vodafone Idea, NBCC (India), SAIL, Berger Paints and IRCTC are set to announce their results for December 2024 quarter later today.
PSU stocks such as Chennai Petroleum Corporation Ltd (CPCL), Mangalore Refinery and Petrochemicals Ltd (MRPL), Cochin Shipyard Ltd, MMTC Ltd, ITI Ltd and Oil India Ltd have led the losers, falling 47-59 per cent.
SMC Global said that NBCC (India) has been trading lower as prices are seen drifting below its 200 days exponential moving average on daily charts, since past few months.
NBCC share price today: NBCC stock slipped 6% on Tuesday even as the PSU Navratna firm won work orders worth Rs 127.50 crore. It also won a work order worth Rs 1322.48 crore today.