NBCC India Shares: Multibagger Stock Sees Record Date for Dividend, Price Targets Signal Move Above Rs 200

Improvement in order intake, execution and margins along with traction in real estate monetisation impel us to increase the target P/E to 50 times...

Nbcc IndiaMultibagger StockDividendReal EstateStocks To BuyReal EstateAug 25, 2024

NBCC India Shares: Multibagger Stock Sees Record Date for Dividend, Price Targets Signal Move Above Rs 200
Real Estate:Shares of multibagger NBCC India are in the news as the firm has declared a record date for its final dividend on September 6, 2024. The company had announced a dividend of Rs 0.63 per paid-up equity share of Rs 1/-each (at 63%) for the FY 2023-24 subject to the approval of shareholders.

The stock has gained 252.33% in a year and risen 443.75% in two years. However, the multibagger stock has been in a consolidation mode for the last few weeks, trading in a range of Rs 170 to Rs 195.

Those who want to enter the NBCC stock can find opportunities in the short term. The stock has a RSI of 50.4, signaling it is neither oversold nor overbought on charts. It also indicates there is room for more upside in the stock.

Frequently Asked Questions

What is the record date for NBCC India's final dividend?

The record date for NBCC India's final dividend is September 6, 2024.

What is the price target for NBCC India stock according to Nuvama?

Nuvama has a buy call on NBCC India stock with a price target of Rs 198.

What is the RSI of NBCC India stock?

The RSI of NBCC India stock is 50.4.

What is the beta of NBCC India stock?

The beta of NBCC India stock is 1.5.

What are the business segments of NBCC (India) Limited?

NBCC (India) Limited operates through three segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering Procurement and Construction (EPC).

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