
NCC share price extended gains for the fifth consecutive trading session, its longest gaining streak in six months. The stock rose as much as 4.9% to Rs 222.50.
The company received Rs 2,090 crore order for the construction of Barnar Reservoir from the Bihar water resource department.
Eleven out of 15 analysts tracked by Bloomberg have a ‘buy’ rating on NCC shares, while two have a ‘hold rating and the remaining two analysts have a ‘sell’ rating on the stock. The analysts consensus price target is 274, implying a potential upside of 26.2% from the last regular trade, according to Bloomberg data.