Markets

Buy NCC, target Rs 140: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on NCC with a target price of Rs 140.

The current market price of NCC is Rs 132.35.

Time period given by the analyst is intraday when NCC price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 127.

NCC, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 7,357.75 Crore) operating in Construction sector.

The company's top management includes Dr.A S Durga Prasad, Mr.A A V Ranga Raju, Mr.A G K Raju, Mr.A S N Raju, Mr.A V N Raju, Mr.Amit Dixit, Mr.Hemant M Nerurkar, Mr.J V Ranga Raju, Mr.Neeraj Mohan, Mr.R V Shastri, Mr.S Ravi, Mr.Utpal Sheth, Mrs.Renu Challu.

Company has M Bhaskara Rao & Co. as its auditors.

As on 30-09-2017, the company has a total of 555,931,588 shares outstanding.

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