NCC Stock: What is the share target price?
When I started investing in the stock market, I always looked for companies that consistently perform well and get big orders. Recently, I read a news that NCC (Nagarjuna Construction Company) has received a big order worth Rs 1480 crore, and there is a lot of talk about its share target price. I found this very interesting, because NCC has been performing very well in the last few years. Today I will tell you in detail about this order and NCC’s share target price, which will help you decide whether to invest in this company or not. So, let’s find out!
NCC gets order worth Rs 1480 crore: What is this news?
NCC is a leading construction company in India, which works on roads, buildings, water supply, railways and other infrastructure projects. On March 21, 2025, NCC received a huge order of Rs 1480.34 crore from Bihar Medical Services and Infrastructure Corporation Limited (BMSICL). This order is for the redevelopment of Darbhanga Medical College and Hospital (DMCH) in Darbhanga, Bihar.
This project includes construction of new buildings in the old campus of DMCH, renovation of the hospital and creation of other facilities. I think this order is very important for NCC, as it will further strengthen the company’s order book, and increase their revenue in the future.
NCC informed the stock exchange on March 22, 2025. According to their filing, “We have received an order of Rs 1480.34 crore from Bihar Medical Services and Infrastructure Corporation Limited today for the redevelopment of Darbhanga Medical College and Hospital.” The order sent NCC shares up 2.26% on the BSE on March 21, to Rs 206.05 (from the previous closing price of Rs 201.50). I think this is very good news for investors, as such large orders strengthen the company’s financial position.
NCC’s performance: 832% growth in the last 5 years!
NCC was founded in 1978, and since then it has been playing a key role in India’s infrastructure sector. The company works on roads, bridges, flyovers, hospitals, shopping malls, water supply projects, railways and mining projects. NCC’s subsidiary NCC Infrastructure Holdings Limited (62.1% ownership) works on roads and energy projects, while NCC Urban Infrastructure (80% ownership) is involved in real estate. The company also operates in Muscat and Dubai, which means they have an international reach.
NCC’s stock has shown a growth of 832% in the last 5 years, which is quite impressive. I remember, when I first heard about NCC’s stock, its price was very low. But now the company has consistently won big orders, and its financial performance has improved. NCC’s total revenue for the financial year ended March 31, 2024 was Rs 20,970.91 crore, and its profit was Rs 710.69 crore.
In the quarter ended December 2024, the company’s profit was Rs 193.18 crore, which is 12.45% lower than last year, but the revenue was Rs 5,344.52 crore, which is an increase of 1.61%. I think, these figures show that NCC is growing steadily, and they have a lot of opportunities for the future.
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NCC’s share target price: What do brokerage firms say?
There is a lot of talk about NCC’s share in the stock market due to this big order. Brokerage firm Antique Stock Broking Limited has given a ‘BUY’ rating to NCC shares, and has set a target price of Rs 332. This means that there is a possibility of an increase of about 60% from the current price (Rs 206.05, as on March 21, 2025). On the other hand, according to 12 analysts on Trendlyne, the average target price of NCC is Rs 365. Out of these, 9 analysts have given a ‘Strong Buy’ rating, while 2 have given a ‘Sell’ and 1 has given a ‘Hold’ rating.
I think this target price is very promising, as NCC is currently performing very well. The company has bagged big orders before too. For example, on March 20, 2025, NCC received an order of Rs 2,129.6 crore for the Amaravati Capital City project from the Andhra Pradesh Capital Region Development Authority (APCRDA). In February 2025, they received orders worth Rs 218.82 crore, and in September 2024, they received orders worth Rs 2,327 crore. I think such consistent orders have strengthened NCC’s order book, and this will benefit their share price.
Should you invest in NCC?
NCC’s current market cap is Rs 12,936 crore (as of February 2025), and its stock is trading between its 52-week high (Rs 364.50) and low (Rs 136.55). The company’s P/E ratio is 21.35, which is higher than the sector’s average P/E (9.77), but this means that investors are confident in NCC’s future. The company’s debt-to-equity ratio is lower than the industry median, meaning the company’s debt is relatively low, and they have financial stability.
I am personally very positive about NCC shares as they are consistently getting orders and may get even bigger opportunities under the government’s National Infrastructure Pipeline (NIP). NCC is expected to get orders worth Rs 26,000 crore in 2022-23.
These were, and their order book had reached Rs 50,244 crore. In 2024, they also entered the smart meter segment, and have received projects worth Rs 8,080 crore for smart meter projects in Bihar and Maharashtra. I think, considering all this progress, investing in NCC can be profitable.
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Some important tips
- Long-term investment: NCC stock is good for long-term investment, as they are constantly getting orders, and there are many growth opportunities in the infrastructure sector.
- Watch market trends: The stock market is volatile, so keep an eye on NCC’s share price. Currently, the stock is in an uptrend, but it can change depending on the market situation.
- Take expert advice: Talk to your financial advisor before investing, as everyone has a different risk tolerance.
- Check the company’s progress: Keep an eye on NCC’s quarterly results and new orders. I was very happy to see their revenue increase in the last quarter.
Think a little further
Looking at the Rs 1480 crore order NCC has received and their share target price (Rs 332-365), I think this company will do even better in the future. A friend of mine had invested in NCC 2 years ago, and he got very good returns. If you are also thinking of investing in the infrastructure sector, then NCC is a good option.
But before making any investment, get complete information and decide according to your risk tolerance. If you have any more questions, be sure to ask me. I will tell you in simple terms! Now think about your investment and keep an eye on NCC’s progress!
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FAQ NCC Share Target Price:
1. What is the recent order win by NCC in 2025?
NCC won a ₹1480.34 Cr order from Bihar Medical Services for the redevelopment of Darbhanga Medical College & Hospital on March 21, 2025.
2. What is the share price target for NCC in 2025?
Analysts predict NCC’s share price target for 2025 to be between ₹332 (Antique Stock Broking) and ₹365 (Trendlyne average), based on recent order wins.
3. How has NCC’s stock performed in the last 5 years?
NCC’s stock has surged 832% over the past 5 years, with its price rising from a low base to ₹206.05 as of March 21, 2025, after the recent order win.
4. Why did NCC’s share price rise recently?
NCC’s share price rose 2.26% on March 21, 2025, after securing a ₹1480 Cr order, boosting investor confidence and strengthening its order book.
5. Should I invest in NCC shares in 2025?
NCC shows strong growth potential with a robust order book, but consult a financial advisor as market conditions vary, and past performance isn’t a guaranteed predictor.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. The stock market involves risks, and past performance is not a guaranteed predictor of future results. Please consult a certified financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred.