NBCC Share Price Update
NBCC Share Price | On Thursday, October 7, shares of NBCC India Limited Company were trading at Rs 99.43, experiencing a decline of 1.98%. Over the past month, the stock (NSE: NBCC) has fallen by 14.16%. Despite a robust order book, investor concerns are mounting as the stock price continues to drop. Market analysts have issued critical warnings regarding the stock’s future prospects.
Classic Pivot Level Analysis
On November 7, 2024, the Classic Pivot Level analysis indicated key resistance levels at Rs 101.13, Rs 102.72, and Rs 103.63. The primary support levels are Rs 98.63, Rs 97.72, and Rs 96.13. On November 8, the stock was trading at Rs 99.00, reflecting a 0.58% decline.
Short-term Performance Insights
In the last five days, NBCC stock has increased by 1.73%. However, stock experts from Live Mint have issued a SELL rating, noting that NBCC shares are trading below key short-term and long-term moving averages. A target price of Rs 87 has been set for the short term.
Returns Overview
Despite recent challenges, NBCC shares have delivered a 15.98% return over the last six months and an impressive 119.15% return over the past year. Year-to-date, the stock has provided a return of 82.21%.
Disclaimer
Investing in mutual funds and the stock market involves risks. Always consult a financial advisor before making investment decisions. hindi.Maharashtranama.com is not responsible for any financial losses.
News in Hindi | NBCC Share Price 08 November 2024 Hindi News.
Follow DelhiBreakings on Google News
Summary at glance
On October 7, NBCC India Limited’s shares traded at Rs 99.43, down 1.98%, marking a 14.16% decline over the past month despite a strong order book. The stock’s resistance levels are Rs 101.13, Rs 102.72, and Rs 103.63, while support levels are Rs 98.63, Rs 97.72, and Rs 96.13. Experts have issued a SELL rating, advising a target price of Rs 87, though the stock has returned 119.15% over the past year.
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.
