Stock of Interest

Posted On: October 9, 2023

Stock Report: NBCC(NSE) 06 Oct 2023

NBCC India Ltd is engaged in the urban and regional development sector. The operating segment includes Project Management Consultancy which offers management and consultancy services for civil construction projects, Real Estate Development which focuses on residential and commercial projects and Engineering Procurement, and Construction segment which covers chimneys, cooling towers, roads, water and sewage treatment plants. Business activity of the company functions through India and it derives the majority of its revenue from the Project Management Consultancy segment. 

#xCalData predicts that # NBCC will continue its bullish phase over the next five days and trend within the range of 54 to 63.   

  

In comparison to the previous month, the price of the stock has experienced an increase of 9.02% indicating a bullish. 

The Stock has doubled once since 09 Jun 2015 and took an average of 1.7 years to double

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Stochastic Oscillator indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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