Key Events This Week
16 Feb: Stock opens at Rs.150.10, down 1.15% despite Sensex gain
17 Feb: Price rebounds to Rs.152.15 (+1.37%) on moderate volume
18 Feb: Technical momentum shifts amid mixed signals; price dips to Rs.149.45 (-1.77%)
19 Feb: Stock hits 52-week low of Rs.136 amid heavy volume and bearish momentum
20 Feb: Week closes at Rs.149.00 (-1.16%) with Sensex up 0.41%
16 February 2026: Weak Start Despite Sensex Rally
NCC Ltd opened the week at Rs.150.10, down 1.15% from the previous close, contrasting with the Sensex’s 0.70% gain to 36,787.89. The stock’s volume was moderate at 99,796 shares, indicating subdued investor enthusiasm. This initial weakness set the tone for a challenging week ahead, as the stock struggled to gain traction despite positive broader market momentum.
17 February 2026: Short-Lived Recovery on Moderate Volume
The stock rebounded to Rs.152.15, gaining 1.37% on increased volume of 138,506 shares. This uptick coincided with the Sensex’s continued rise of 0.32% to 36,904.38. However, technical indicators remained mixed, with the stock still trading well below key moving averages, limiting the sustainability of this recovery.
While markets shift, this one's charging ahead! This Micro Cap from Aquaculture shows the strongest momentum signals in current conditions. Don't miss out on this ride!
- - Strongest current momentum
- - Market-cycle outperformer
- - Aquaculture sector strength
18 February 2026: Technical Momentum Shifts Amid Mixed Signals
On 18 Feb, NCC Ltd’s price slipped to Rs.149.45, down 1.77%, despite the Sensex advancing 0.43% to 37,062.35. Technical analysis revealed a nuanced picture: weekly MACD showed mild bullishness, but monthly indicators remained bearish. The stock traded within a volatile range of Rs.149.05 to Rs.152.70, reflecting investor indecision. The Relative Strength Index hovered neutrally, while Bollinger Bands suggested downside pressure. Overall, the technical momentum shifted from bearish to mildly bearish, signalling caution.
19 February 2026: New 52-Week Low Amid Heavy Trading and Bearish Momentum
The most significant event of the week occurred on 19 Feb, when NCC Ltd’s stock plunged to a 52-week low of Rs.136, marking a sharp intraday decline of approximately 9%. Despite a late intraday recovery to close near Rs.149.40, the day’s price action underscored intense selling pressure. The stock recorded exceptional volume of over 1.14 crore shares, with a traded value of ₹165.77 crores, placing it among the most actively traded equities by both volume and value.
Technical indicators deteriorated further, with the stock trading below all major moving averages (5-day through 200-day), confirming a sustained downtrend. The Mojo Score remained subdued at 36.0, reflecting a Sell rating. Financial results released recently showed a 22.6% decline in Profit Before Tax and a 25.7% drop in Profit After Tax for the quarter ended December 2025, contributing to negative sentiment. Return on Capital Employed stood at 17.29%, the lowest in recent periods, signalling reduced operational efficiency.
Institutional holdings at 26.8% and rising delivery volumes suggested mixed investor behaviour, with some accumulation amid broader distribution. However, the overall trend was bearish, with the stock underperforming both the Sensex and its sector peers.
Is NCC Ltd your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
20 February 2026: Week Ends on a Slightly Negative Note
The week concluded with NCC Ltd closing at Rs.149.00, down 1.16% on the day, while the Sensex gained 0.41% to 36,674.32. Volume moderated to 2,17,723 shares. The stock’s weekly decline of 1.88% contrasted with the Sensex’s 0.39% gain, highlighting relative weakness. Technical momentum shifted decisively into bearish territory, with daily moving averages and momentum oscillators signalling downside risks. The stock remains vulnerable near its 52-week low, with no immediate signs of reversal.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-16 | Rs.150.10 | -1.15% | 36,787.89 | +0.70% |
| 2026-02-17 | Rs.152.15 | +1.37% | 36,904.38 | +0.32% |
| 2026-02-18 | Rs.149.45 | -1.77% | 37,062.35 | +0.43% |
| 2026-02-19 | Rs.150.75 | +0.87% | 36,523.88 | -1.45% |
| 2026-02-20 | Rs.149.00 | -1.16% | 36,674.32 | +0.41% |
Key Takeaways
1. Bearish Technical Momentum: The stock’s technical indicators shifted from mildly bearish to outright bearish during the week, with price trading below all major moving averages and momentum oscillators signalling downside pressure.
2. Fresh 52-Week Low: The intraday low of Rs.136 on 19 Feb marked a significant new low, reflecting heightened selling pressure amid disappointing quarterly earnings and cautious investor sentiment.
3. Heavy Trading Volume: Exceptional volume exceeding 1.14 crore shares and a traded value of ₹165.77 crores on 19 Feb highlighted strong market interest but also distribution, as the stock underperformed its sector and the Sensex.
4. Financial Performance Concerns: Declines in Profit Before Tax and Profit After Tax, alongside a reduced ROCE of 17.29%, contributed to the negative outlook and downgrade to a Sell rating by MarketsMOJO.
5. Relative Underperformance: NCC Ltd’s 1.88% weekly decline contrasted with the Sensex’s 0.39% gain, underscoring company-specific challenges amid a broadly resilient market.
Conclusion
NCC Ltd’s share price performance over the week ending 20 Feb 2026 was marked by volatility, technical deterioration, and fundamental pressures. Despite intermittent rebounds, the stock’s failure to sustain gains and the establishment of a new 52-week low highlight ongoing challenges. The downgrade to a Sell rating and subdued Mojo Score reinforce the cautious stance warranted by the current environment.
Investors should remain vigilant, monitoring key technical levels and financial updates closely. The stock’s liquidity and trading volumes offer opportunities for active traders, but the prevailing bearish momentum suggests that a sustained recovery remains uncertain in the near term.
Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →
