NBCC (India) Ltd Stock Declines -3.17% on November 4th, 2024, Reflecting Construction Sector Performance
On November 4th, 2024, NBCC (India) Ltd's stock price declined by -3.17%, in line with the construction sector's -0.43% underperformance. According to MarketsMojo, the current stock call for NBCC (India) is 'Hold' due to its recent performance and potential trend reversal. The stock is still performing better than its 5 day moving average, but lower than its 20, 50, 100, and 200 day moving averages. It has underperformed the Sensex by -2.93% in the past day and -13.03% in the past month, possibly due to market conditions and the impact of COVID-19. Investors are advised to hold their positions and monitor the company's performance and industry developments.
NBCC (India) Ltd, a leading construction and real estate company in India, saw a decline of -3.17% in its stock price on November 4th, 2024. This was in line with the overall performance of the construction sector, which saw a -0.43% underperformance on the same day.
According to MarketsMOJO, a leading stock analysis platform, the current stock call for NBCC (India) is 'Hold'. This is based on the recent performance of the stock and its trend reversal. After 5 consecutive days of gains, the stock has fallen, indicating a potential trend reversal.
On November 4th, the stock touched an intraday low of Rs 96.78, which was a -3.19% decrease from its previous closing price. However, the stock is still performing better than its 5 day moving average, but lower than its 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the overall market performance, NBCC (India) Ltd has underperformed the Sensex by -2.93% in the past 1 day and -13.03% in the past 1 month. This could be attributed to the current market conditions and the impact of the COVID-19 pandemic on the construction and real estate industry.
Investors are advised to hold their positions on NBCC (India) Ltd for now, as the stock is expected to stabilize in the near future. However, it is important to keep an eye on the company's performance and any potential developments in the construction and real estate sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
