Technical View – NBCC (Daily Chart)
NBCC opened at ₹102.00, made a high of ₹102.80, a low of ₹100.75, and closed at ₹102.25. On the daily chart, the stock is consolidating after a sharp decline, currently taking support near the 100 level, which is also close to its 200-day EMA zone. Multiple moving averages (14-day EMA, 55-day EMA, 100-day EMA) are trending downward, indicating that the broader trend still remains weak.
The RSI (42) is in a neutral zone, suggesting neither overbought nor oversold conditions, while the MACD continues to show bearish momentum though with signs of flattening, indicating a possible slowdown in selling pressure. If the stock manages to sustain above 103–105, a short-term pullback towards 108–110 could be seen. On the downside, a break below 100 may trigger further weakness towards 97–98 levels.
Overall, the stock is in a bearish-to-neutral phase, and traders should wait for a clear breakout or reversal confirmation before taking fresh positions.
Recent News & Strategic Developments
- Major Assignment – ‘New Nagpur’ Smart City Project
The Maharashtra government has approved the ₹6,500 crore New Nagpur hi-tech business district. NBCC has been appointed as the consultant for this flagship project, which involves land acquisition and Phase I development plans for an International Business & Finance Centre (IBFC). This underscores strong future business prospects.
2. Win Worth ₹3,700 Crore – Rajasthan Mixed-Use Development
NBCC has bagged a significant ₹3,700 crore order from the Rajasthan government to develop a 95-acre mixed-use site in Jaipur, featuring an IT tower, convention center, and residential units.
- Completing Amrapali Housing Projects
The company has successfully constructed 26,800 flats out of 37,000 stalled Amrapali units. Around 8,000 more units are expected to be completed by September 2025, with remaining projects slated for March 2026. This highlights NBCC’s strong execution capabilities in high-pressure scenarios.4. Q1 FY26 Financials – Strong Profit Growth
NBCC delivered robust Q1 FY26 results: Standalone and consolidated revenue rose year-on-year, EBITDA and PAT showed gains of over 30% YoY. This marks a positive shift in operating performance.5. Upcoming Catalyst – Q2 FY26 Earnings (11 Nov 2025)
Investors should keep an eye on the Q2 results scheduled for 11 November 2025, which could act as a near-term trigger depending on performance and commentary.Disclaimer
This analysis is prepared for educational purposes only and should not be considered as investment advice or a recommendation to buy/sell any stock. Investments in the stock market are subject to risks. Please consult a SEBI-registered financial advisor before making any investment decisions.
Disclosure
Investogainer Research is a SEBI Registered Research Analyst (Reg. No. INH000012856) and is listed with BSE (Code: 5845).
Neither the analyst nor their family members hold any financial interest or beneficial ownership in NBCC at the time of writing this report.