# NCC (NCC) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ncc

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹122.75
- Change: +0.25%
- As of: 2026-11-06
- 1D return: +0.25%
- 5D return: +7.20%
- 1M return: +2.35%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

NCC (₹122.75) exhibits a mixed technical profile as of 6 November 2026, characterized by a strong monthly uptrend conflicting with a bearish weekly and developing daily trend. The stock is trading below its 50-day and 200-day moving averages and the Supertrend on daily and weekly charts, indicating near-term weakness. However, it sits above the 20-period EMA and SMA on the daily timeframe, suggesting short-term consolidation within the broader downtrend. Momentum indicators show divergence: the monthly ADX is strong at 63.68 with a bullish Supertrend, while the weekly ADX is established at 32.25 with a bearish Supertrend. The daily ADX is low at 21.7, signaling indecision. Price is positioned near the lower end of its 252-day range (+8.9%) but in the middle of its 20-day range (+57.8%). Key resistance lies at ₹123.18 (pivot) and ₹124.16 (high), while support is found at ₹121.46 and ₹120.48. A recent high volatility anomaly on 23 October 2026 highlights risk. The setup remains fragile; a daily close above ₹124.16 would be required to confirm a reversal of the immediate downward pressure.

- Trend Divergence: Monthly trend is bullish (ADX 63.68, Supertrend up), while weekly is bearish (ADX 32.25, Supertrend down) and daily is weak/indecisive (ADX 21.7, Supertrend down).
- Price Positioning: Trading at ₹122.75, below key long-term averages (50/200 SMA) but above short-term daily averages (20 EMA/SMA); located +8.9% from yearly high.
- Key Levels: Immediate resistance at ₹123.18 (pivot) and ₹124.16 (high); immediate support at ₹121.46 and ₹120.48.
- Risk & Volatility: High annualized volatility (+35.5%) and significant drawdown (-55.9%); recent wide intraday range anomaly noted on 23 Oct 2026.

- Bullish Engulfing Reversal
- Outside Bar
- Bearish Engulfing Reversal

### News Context

NCC Limited demonstrated active order acquisition in late October 2026, securing a total of ₹3,148.48 crore across nine contracts. According to BSE and NSE filings dated October 31, 2026, this portfolio included eight new contracts valued at ₹1,862.45 crore and one previously disclosed major contract worth ₹1,286.03 crore. The Water and Building divisions were identified as the primary contributors to these new wins.

In broader market context for early November 2026, NCC was listed among stocks to watch on November 2, alongside reports of operational developments such as order wins. Additionally, the company is scheduled to report its Q2 financial results during the week ending November 5, 2026, which is expected to be a busy period for earnings releases across the National Stock Exchange.

- NCC secured nine orders totaling ₹3,148.48 crore in October 2026, comprising eight new contracts (₹1,862.45 crore) and one prior major contract (₹1,286.03 crore), with Water and Building divisions leading gains.
- The company is scheduled to release Q2 financial results in the week ending November 5, 2026, amid a high-volume reporting season for over 90 listed entities.
- NCC was highlighted in market watchlists on November 2, 2026, citing ongoing operational developments and order wins.

- [Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [NCC Secures Orders Worth ₹3,148.48 Crore In October, Water & Building Divisions Lead New Wins](https://www.freepressjournal.in/business/ncc-secures-orders-worth-314848-crore-in-october-water-building-divisions-lead-new-wins)

### What Changed

On November 5, 2026, NCC Limited submitted its unaudited financial results for the half-year ended September 30, 2026, reporting consolidated revenue of ₹11,884.16 Crore and a net profit attributable to shareholders of ₹400.69 Crore. The Board approved significant strategic and governance changes subject to shareholder approval via Postal Ballot: an alteration to the Memorandum of Association to include new business activities in Technology Services, digital infrastructure, and allied sectors, and the reappointment of key leadership—A A V Ranga Raju as Managing Director, A G K Raju as Executive Director, and J V Ranga Raju as Whole-time Director—for a five-year tenure from April 1, 2027, to March 31, 2032, including continuation beyond age 70 without remuneration changes. On November 6, 2026, the company informed the Exchange about a newspaper publication related to these developments.

- Financial Performance (H1 FY2027): Consolidated revenue stood at ₹11,884.16 Crore with net profit attributable to shareholders at ₹400.69 Crore for the six months ended September 30, 2026.
- Strategic Expansion Proposal: Board approved MoA alterations to enter Technology Services, digital infrastructure, and allied sectors; requires member approval via Postal Ballot.
- Leadership Continuity: Reappointment of MD, ED, and WTD for five years effective April 1, 2027, including provisions for continuation beyond age 70; subject to member approval.
- Regulatory Filing: Newspaper publication regarding the above announcements was reported to the NSE on November 6, 2026.

- [NCC Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NCC_06112026144639_Newpaper_publication_6Nov26.pdf)
- [NCC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NCC_05112026173840_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company. |SUBJECT: Amendment to AOA/MOA](https://nsearchives.nseindia.com/corporate/NCC_05112026180022_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A G K Raju as Executive Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181537_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri J V Ranga Raju as Whole Time Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181742_Outcome_of_the_Board_Meeting.pdf)

### Official Filings

NCC Limited submitted unaudited financial results for the half-year ended September 30, 2026, reporting consolidated revenue of ₹11,884.16 Crore and net profit attributable to shareholders of ₹400.69 Crore. The company also disclosed a consolidated order book of ₹80,167 Crore as of September 30, 2026. Concurrently, the Board approved alterations to the Memorandum of Association to include new business activities in Technology Services, digital infrastructure, and allied sectors, subject to member approval via Postal Ballot. Additionally, the Board proposed reappointing A A V Ranga Raju (Managing Director), A G K Raju (Executive Director), and J V Ranga Raju (Whole-time Director) for a five-year tenure from April 1, 2027, to March 31, 2032, including continuation beyond age 70, without changes to existing remuneration, also subject to shareholder consent.

- Financial Performance: Consolidated revenue was ₹11,884.16 Crore and net profit attributable to shareholders was ₹400.69 Crore for H1 FY2027 (ended Sept 30, 2026).
- Order Book: The consolidated order book stood at ₹80,167 Crore as of September 30, 2026.
- MoA Amendment: Board approved changes to include Technology Services and digital infrastructure; requires shareholder approval via Postal Ballot.
- Leadership Tenure: Reappointment of three key directors (MD, ED, WTD) proposed for five years effective April 1, 2027, subject to member approval.

- [NCC Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NCC_06112026144639_Newpaper_publication_6Nov26.pdf)
- [NCC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NCC_05112026173840_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company. |SUBJECT: Amendment to AOA/MOA](https://nsearchives.nseindia.com/corporate/NCC_05112026180022_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A G K Raju as Executive Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181537_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri J V Ranga Raju as Whole Time Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181742_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A A V Ranga Raju as Managing Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181328_Outcome_of_the_Board_Meeting.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754093_05112026073640_WEB.xml)
- [NCC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_917_WebXMLFile_20261105_193855232.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754090_05112026073545_WEB.xml)
- [NCC Limited has informed the Exchange about Presentation |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/NCC_05112026200150_Disclosure_of_Investor_Presentation.pdf)

### Fundamentals

NCC’s operating trajectory shows a divergence between top-line resilience and bottom-line pressure. For Q2 FY2026-27, income rose sequentially to ₹6,042 crore from ₹5,842 crore in Q1, yet net profit fell to ₹199 crore from ₹229 crore as expenses increased to ₹5,773 crore. This compression is evident in the trailing twelve months (TTM), where sales declined by 2% and compounded profit growth turned negative at -10%, with TTM EPS settling at ₹11.14.

Financial health has deteriorated significantly, marked by a sharp rise in borrowings from ₹980 crore in Mar 2024 to ₹3,457 crore in Mar 2026. Cash generation has weakened, with Cash from Operating Activity turning negative (-₹459 crore) in Mar 2026, while financing activities provided ₹878 crore to fund investing outflows of ₹766 crore. Working capital efficiency also slipped, with the cash conversion cycle worsening to -283 days and debtor days rising to 66 days. Despite these pressures, return on equity remains stable at 9% for the last year, and promoter holding increased to 23.19% in Sep 2026.

The most critical checkpoint is whether NCC can stabilize margins and improve cash conversion in upcoming quarters, given the heavy reliance on external financing to support asset growth.

- Q2 FY2026-27 income rose sequentially to ₹6,042 crore, but net profit fell to ₹199 crore due to higher expenses (₹5,773 crore).
- Borrowings surged to ₹3,457 crore by Mar 2026, up from ₹980 crore in Mar 2024, while operating cash flow turned negative (-₹459 crore).
- TTM metrics show sales contraction (-2%) and profit decline (-10%), with ROE holding steady at 9%.
- Promoter stake increased to 23.19% in Sep 2026, contrasting with FIIs reducing their holding to 10.44%.

### Bear Case

NCC faces significant near-term technical weakness and has experienced substantial long-term capital erosion. As of November 6, 2026, the stock trades at ₹122.75, reflecting a year-to-date decline of -24.1% and a one-year return of -37.2%. The daily trend is bearish, with the Supertrend indicator signaling downside pressure and moving averages (20-day and 50-day) sloping negatively. While the monthly trend remains bullish, the immediate price action shows resistance just above current levels at ₹123.18, limiting short-term upside potential. Furthermore, the stock is currently in a deep drawdown of -55.9%, nearing its maximum historical drawdown of -58.9%, indicating persistent volatility and investor caution.

- Daily technicals are bearish as of Nov 6, 2026, with a Supertrend direction of 'bearish' and negative slopes on both the 20-day (-1.55%) and 50-day (-2.43%) simple moving averages.
- The stock is trading at ₹122.75, facing immediate resistance at ₹123.18 (pivot), which may constrain short-term recovery attempts.
- Long-term performance remains weak, with a one-year return of -37.2% and a year-to-date loss of -24.1%.
- Current drawdown stands at -55.9%, approaching the all-time maximum drawdown of -58.9%, highlighting elevated downside risk.

- [Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [NCC Secures Orders Worth ₹3,148.48 Crore In October, Water & Building Divisions Lead New Wins](https://www.freepressjournal.in/business/ncc-secures-orders-worth-314848-crore-in-october-water-building-divisions-lead-new-wins)
- [NCC Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NCC_06112026144639_Newpaper_publication_6Nov26.pdf)
- [NCC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NCC_05112026173840_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company. |SUBJECT: Amendment to AOA/MOA](https://nsearchives.nseindia.com/corporate/NCC_05112026180022_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A G K Raju as Executive Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181537_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri J V Ranga Raju as Whole Time Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181742_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A A V Ranga Raju as Managing Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181328_Outcome_of_the_Board_Meeting.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754093_05112026073640_WEB.xml)

### FAQs

**What were NCC's financial results for the half-year ended September 30, 2026?**

For the six months ended September 30, 2026, NCC reported consolidated revenue of ₹11,884.16 crore and net profit attributable to shareholders of ₹400.69 crore. Separate filings also cited revenue from operations at ₹11,826.50 crore with a net profit of ₹409.35 crore for the same period.

**Is NCC planning to expand into new business areas?**

Yes. The Board approved altering the Memorandum of Association to include Technology Services, digital infrastructure, and allied sectors. This change is subject to member approval via Postal Ballot.

**Who are the key executives being reappointed at NCC?**

The Board approved the reappointment of A A V Ranga Raju as Managing Director, A G K Raju as Executive Director, and J V Ranga Raju as Whole-time Director. Their tenure runs from April 1, 2027, to March 31, 2032, including continuation beyond age 70, subject to shareholder approval.

**How has NCC's stock price performed over the past year?**

As of November 6, 2026, NCC shares closed at ₹122.75. The stock has declined 37.2% over the last year and 24.1% year-to-date. It currently trades 55.9% below its peak levels.

- [Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [NCC Secures Orders Worth ₹3,148.48 Crore In October, Water & Building Divisions Lead New Wins](https://www.freepressjournal.in/business/ncc-secures-orders-worth-314848-crore-in-october-water-building-divisions-lead-new-wins)
- [NCC Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NCC_06112026144639_Newpaper_publication_6Nov26.pdf)
- [NCC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NCC_05112026173840_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company. |SUBJECT: Amendment to AOA/MOA](https://nsearchives.nseindia.com/corporate/NCC_05112026180022_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A G K Raju as Executive Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181537_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri J V Ranga Raju as Whole Time Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181742_Outcome_of_the_Board_Meeting.pdf)
- [NCC Limited has informed the Exchange regarding Re-appointment of Sri A A V Ranga Raju as Managing Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/NCC_05112026181328_Outcome_of_the_Board_Meeting.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754093_05112026073640_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Downtrend
- Pivot point: ₹123.18
- Risk regime: Higher Price Risk

### Support levels
- 119.01
- 113.5
- 121.46000000000001

### Resistance levels
- 155.06
- 161.41000000000003
- 166.66

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.25% |
| return_10 | +5.66% |
| return_1m | -4.45% |
| return_1y | -37.23% |
| return_20 | +2.35% |
| return_3m | -14.60% |
| return_5 | +7.20% |
| return_6m | -27.88% |
| return_since_start | -55.77% |
| return_ytd | -24.05% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -58.88% |
| annualized_volatility | +35.54% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# NCC Limited Q2 FY2026-27: Revenue up 32% year on year

NCC reported consolidated revenue from operations of ₹6,015 crore for Q2 FY2026-27, up 3.5% quarter on quarter and 32.4% year on year. Profit before tax was ₹269 crore, down 12.8% from Q1 but 30.2% higher than a year earlier; EPS fell sequentially to ₹2.93. Operating cash flow was negative ₹100 crore, while investing outflow brought free cash flow to negative ₹490 crore.

## Revenue growth and costs

Revenue from operations increased from ₹5,812 crore in Q1 FY2026-27 and ₹4,543 crore in Q2 FY2025-26 to ₹6,015 crore. Total expenses rose 4.3% sequentially to ₹5,773 crore, faster than revenue. Profit before tax consequently declined from ₹308 crore in Q1, although it remained above the ₹207 crore reported a year earlier.

Material costs were ₹1,841 crore and employee benefit expenses ₹255 crore. Finance costs rose 6.7% quarter on quarter to ₹211 crore.

## Profit and per-share earnings

Profit for the period from continuing operations was ₹198 crore, down 12.3% from Q1 FY2026-27 and up 19.7% year on year. Total profit for the period was ₹199 crore, compared with ₹229 crore in the prior quarter and ₹167 crore a year earlier. Tax expense declined to ₹71 crore from ₹83 crore in Q1.

Basic and diluted EPS were ₹2.93, versus ₹3.45 in Q1 and ₹2.46 in Q2 FY2025-26. Trailing twelve-month EPS was ₹11.61.

## Cash flow

Operating activities used ₹100 crore in Q2, while investing activities used ₹390 crore. Financing activities provided ₹71 crore. Reported free cash flow was negative ₹490 crore. The cash outflows contrast with positive accounting profit and are an important counterpoint to the quarter’s revenue growth.

## Balance sheet and liquidity

Total assets stood at ₹26,970 crore on 30 September 2026, up from ₹26,006 crore on 31 March 2026 and ₹23,440 crore on 30 September 2025. Total liabilities were ₹18,670 crore, compared with ₹17,977 crore at the March year-end date.

Current borrowings increased to ₹2,257 crore from ₹1,964 crore at 31 March, while non-current borrowings rose to ₹1,853 crore from ₹1,493 crore. Cash and cash equivalents were ₹223 crore, down from ₹642 crore at 31 March; other bank balances increased to ₹759 crore from ₹647 crore. Equity attributable to owners of the parent was ₹8,132 crore, up from ₹7,869 crore at 31 March.

## Working capital and receivables

Inventories increased to ₹2,590 crore from ₹2,445 crore at 31 March 2026. Current trade receivables declined to ₹3,476 crore from ₹3,784 crore, while current trade payables rose to ₹8,294 crore from ₹7,896 crore. Current financial assets were ₹6,751 crore, compared with ₹7,020 crore at the March year-end date.

## Key Takeaway

NCC’s revenue growth was strong year on year, but sequentially faster expense growth coincided with lower pre-tax profit and EPS. Higher borrowings and reduced cash balances, alongside negative operating and free cash flow, make cash generation and liquidity important complements to the positive year-on-year earnings comparison.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +23.19%
- FII holding: +10.44%
- DII holding: +18.17%
- Mutual fund holding: +14.38%
- Retail holding: +26.40%
- Promoter pledged: +0.00%

### Major reported shareholders

- A V S R HOLDINGS PRIVATE LIMITED — +11.06% (Bodies Corporate)
- REKHA JHUNJHUNWALA — +10.63%
- ICICI PRUDENTIAL SMALLCAP FUND — +5.80%
- QUANT MUTUAL FUND - QUANT MULTI CAP FUND — +4.99%
- SIRISHA PROJECTS PRIVATE LIMITED — +4.03% (Bodies Corporate)
- TATA AIA LIFE INSURANCE CO LTD-PENSION EQUITY FUND — +2.30%
- REKHA JHUNJHUNWALA — +1.85% (Firm)
- BANDHAN INFRASTRUCTURE FUND — +1.13%
- U SUNIL — +1.12%
- ISHARES CORE MSCI EMERGING MARKETS ETF — +1.01%

## Official filings

- 2026-11-06 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_06112026144639_Newpaper_publication_6Nov26.pdf)
- 2026-11-06 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_06112026160507_Audio_Recording_of_the_Coference_call.pdf)
- 2026-11-05 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026173840_Outcome_of_the_Board_Meeting.pdf)
- 2026-11-05 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026180022_Outcome_of_the_Board_Meeting.pdf)
- 2026-11-05 — Management Change: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026181537_Outcome_of_the_Board_Meeting.pdf)
- 2026-11-05 — Management Change: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026181742_Outcome_of_the_Board_Meeting.pdf)
- 2026-11-05 — Management Change: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026181328_Outcome_of_the_Board_Meeting.pdf)
- 2026-11-05 — Financial Results Filing: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754093_05112026073640_WEB.xml)
- 2026-11-05 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_917_WebXMLFile_20261105_193855232.xml)
- 2026-11-05 — Financial Results Filing: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754090_05112026073545_WEB.xml)
- 2026-11-05 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_05112026200150_Disclosure_of_Investor_Presentation.pdf)
- 2026-10-31 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_917_WebXMLFile_20261031_172001850.xml)
- 2026-10-31 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_31102026171838_Reg_30_31Oct.pdf)
- 2026-10-29 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_29102026170859_Intimation.pdf)
- 2026-10-29 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_917_WebXMLFile_20261029_170330997.xml)
- 2026-10-22 — Board Meeting Notice: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_917_WebXMLFile_20261022_143634082.xml)
- 2026-10-22 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_917_WebXMLFile_20261022_143634082.xml)
- 2026-10-22 — Board Meeting Notice: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_22102026144524_Intimation.pdf)
- 2026-10-13 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_13102026224347_Reg_30.pdf)
- 2026-10-08 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_917_WebXMLFile_20261008_172046760.xml)
- 2026-10-08 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_08102026171912_Reg_30.pdf)
- 2026-10-07 — Shareholding Disclosure: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1733674_07102026121837_WEB.xml)
- 2026-10-03 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_03102026154634_Certificate_74_5_.pdf)
- 2026-09-30 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NCC_30092026175500_Reg30.pdf)
- 2026-09-30 — Generic Announcement: NCC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_917_WebXMLFile_20260930_175633818.xml)

## News and market events

- 2026-11-05 — CNBC-TV18: **Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react** — The National Stock Exchange reports that the upcoming day is likely the busiest of the current quarter's results season, with over 90 companies scheduled to release their Q2 financial numbers. Major entities including Bharti Airtel, ONGC, Mahindra & Mahindra, LIC, Titan, and Britannia are among those reporting, while stocks such as BSE, Lenskart, Nykaa, and Orkla India are expected to react to previously released results. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- 2026-11-02 — The Hindu: **Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more** — The Competition Commission of India cleared Xavier Niel’s Vega SAS to acquire a 16.2% stake in Vodafone Group Plc, while SEBI penalized CDSL and barred EKI Energy Services executives for regulatory violations. Several companies including NCC Ltd, Waaree Renewable Technologies Ltd, and Granules India Ltd reported operational developments such as order wins and regulatory inspections. — [Source](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- 2026-11-01 — FREEPRESSJOURNAL.IN: **NCC Secures Orders Worth ₹3,148.48 Crore In October, Water & Building Divisions Lead New Wins** — NCC Limited announced via BSE and NSE filings on October 31, 2026, that it secured nine orders totaling ₹3,148.48 crore in October 2026, comprising eight new contracts worth ₹1,862.45 crore and one previously disclosed major contract worth ₹1,286.03 crore. — [Source](https://www.freepressjournal.in/business/ncc-secures-orders-worth-314848-crore-in-october-water-building-divisions-lead-new-wins)
- 2026-10-27 — Mint: **NCC: Seven factors that will shape its prospects over the next five years | Stock Market News** — NCC shares have fallen 42% in a year, but the company’s outlook will depend on its ability to execute a ₹81,214 crore order book, protect margins and improve cash flows. Here’s what investors should watch. — [Source](https://www.livemint.com/market/stock-market-news/ncc-seven-factors-that-will-shape-its-prospects-over-the-next-five-years-11793020470405.html)
- 2026-10-21 — BUSINESS: **NCC, J&K Bank, VRL Logistics top stock picks by Anand James of Geojit** — Anand James, Chief Market Strategist, Geojit Investments explains that NCC is showing early signs of a recovery, with the stock breaking above its declining trendline on charts. — [Source](https://www.business-standard.com/markets/news/ncc-j-k-bank-vrl-logistics-top-stock-picks-by-anand-james-of-geojit-126102100079_1.html)
- 2026-10-14 — The Hindu: **Q2 Results Today Live: BHEL, Groww, Canara Bank, ICICIGI, CEAT, HDB Financial, Tata Tech Share to announce Q2 results** — Q2 Results Today, 14th October 2026 Live Updates: Several companies are scheduled to announce their results for the quarter ended September 30, 2026, on Wednesday includingBHEL, Groww, Canara Bank, ICICIGI, CEAT, HDB Financial, Tata Tech are among the companies in focus as the September-quarter earnings season progresses. Follow this live blog for the latest results, key financial highlights and stock movements as companies announce their earnings. — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-bhel-bilionbrains-garage-ventures-canara-bank-icicigi-ceat-hdb-financial-tata-tech-company-results-14-october-2026/article71579002.ece)
- 2026-10-14 — The Hindu: **NCC Founder-Chairman emeritus AVS Raju passes away** — NCC founder AVS Raju, revered leader and philanthropist, passes away; his legacy shapes India's infrastructure and NCC’s values. — [Source](https://www.thehindubusinessline.com/news/ncc-founder-chairman-emeritus-avs-raju-passes-away/article71582141.ece)
- 2026-10-13 — The Hindu: **NCC founder and Padma Shri awardee A.V.S. Raju passes away** — NCC founder A.V.S. Raju, Padma Shri recipient, dies at 89; lifelong builder of NCC and Andhra business pioneer. — [Source](https://www.thehindu.com/news/cities/Hyderabad/ncc-founder-and-padma-shri-awardee-avs-raju-passes-away/article71580796.ece)
- 2026-10-13 — Economic Times: **NCC Ltd founder AVS Raju passes away** — AVS Raju, the Founder and Chairman Emeritus of NCC Limited, passed away on October 13, 2026. His contributions to the construction industry are widely recognized across India and beyond. The announcement was made by NCC Limited in a statement issued on that day. Final respects for Raju will be paid at his residence in Jubilee Hills, Hyderabad. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/ncc-ltd-founder-avs-raju-passes-away-padmashree-awardee/articleshow/134921787.cms)
- 2026-10-11 — Economic Times: **KTR seeks cancellation of Rs 3,296-crore Telangana road tenders, alleges irregularities** — KT Rama Rao has raised concerns about irregularities in the Radial Road-2 tender process, alleging misconduct by the Telangana government. He questions the fairness of contractor selections and disqualifications of lower bidders. Rao demands a comprehensive inquiry and the cancellation of the tenders due to potential financial loss. He insists on transparency in all tendering processes to protect public funds. — [Source](https://economictimes.indiatimes.com/news/politics-and-nation/ktr-seeks-cancellation-of-rs-3296-crore-telangana-road-tenders-alleges-irregularities/articleshow/134864717.cms)
- 2026-10-11 — NEWS.WEBINDIA123.COM: **Telangana: KTR alleges Rs 3,296-crore Radial Road-2 tender scam** — BRS working president KT Rama Rao (KTR) has accused the Congress government in Telangana of serious irregularities in the Rs 3,296-crore Radial Road-2 tender process and demanded immediate cancellation of the tenders and a comprehensive inquiry into the alleged scam. — [Source](https://news.webindia123.com/news/Articles/India/20261011/4509486.html)
- 2026-10-10 — The Hindu: **KTR demands probe into radial roads tenders** — KTR demands probe into radial roads tenders — [Source](https://www.thehindu.com/news/national/telangana/ktr-demands-probe-into-radial-roads-tenders/article71568471.ece)
- 2026-10-10 — Times of India: **Kodangal radial road: No transparency in greenfield expressway tenders, claims KTR | Hyderabad News - The Times of India** — BRS leader KTR alleges irregularities and lack of transparency in ₹3,296-crore Kodangal radial road tender process, seeks cancellation and probe. — [Source](https://timesofindia.indiatimes.com/city/hyderabad/kodangal-radial-road-no-transparency-in-greenfield-expressway-tenders-claims-ktr/articleshow/134854908.cms)
- 2026-10-09 — BUSINESS: **NCC shares rise 5% on securing ₹1,286 crore road project order in Telangana** — NCC has received a Letter of Acceptance (LoA) from Hyderabad Growth Corridor Limited for a road construction project worth ₹1,286.03 crore in Telangana. — [Source](https://www.business-standard.com/markets/news/ncc-shares-rise-5-on-securing-1-286-crore-road-project-order-in-telangana-126100900497_1.html)
- 2026-10-09 — BUSINESSTODAY: **NCC, KEC International shares surge up to 6% on fresh order wins** — NCC, KEC International shares, NCC shares rise, KEC International shares gain, KEC order wins — [Source](https://www.businesstoday.in/markets/stocks/story/ncc-kec-international-shares-surge-up-to-on-fresh-order-wins-560583-2026-10-09)
- 2026-10-09 — Economic Times: **NCC shares jump 5% on Rs 1,286 crore Telangana road project order** — NCC shares rose on Friday after the company secured a Rs 1,286.03 crore road construction order in Telangana from Hyderabad Growth Corridor Limited. The order, dated October 8, 2026, involves the construction of Radial Road-2 from the Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N, covering Package 1 from Budwel to Shabad. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ncc-shares-jump-5-on-rs-1286-crore-telangana-road-project-order/articleshow/134807647.cms)
- 2026-10-08 — CNBC-TV18: **Stocks to Watch for October 9: TCS, JSW Steel, NCC and more** — From NCC Ltd receiving a Letter of Acceptance from Hyderabad Growth Corridor Ltd for a ₹1,286.03 crore road construction contract to JSW Steel reporting a 5% year-on-year increase in consolidated crude steel production to 7.27 million tonnes in Q2 FY27, these are stocks to track ahead of Friday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-9-tcs-jsw-steel-ncc-and-more-20007794.htm)
- 2026-10-08 — CNBC-TV18: **NCC receives ₹1,286 crore Letter of Acceptance for Telangana road project** — NCC Ltd has received a Letter of Acceptance from Hyderabad Growth Corridor Ltd for a ₹1,286.03 crore road construction project in Telangana. The contract, excluding goods and services tax (GST), is to be executed over 18 months. — [Source](https://www.cnbctv18.com/market/stocks/ncc-share-price-receives-rs-1286-crore-letter-of-acceptance-for-telangana-road-project-20007771.htm)
- 2026-10-08 — BUSINESSTODAY: **Dolly Khanna & Jhujhunwala cut stakes in these companies, Kedia increases position in this stock** — Dolly Khanna portfolio, Rekha Jhunjhunwala portfolio, Vijay Kedia portfolio, celebrity investors, investor portfolio changes, Q2FY27 shareholding, September 2026 shareholding, stock market investors, Rekha Jhunjhunwala stocks, Dolly Khanna stocks, Vijay Kedia stocks, Rekha Jhunjhunwala Canara Bank, Rekha Jhunjhunwala NCC, Dolly Khanna Chennai Petroleum, Vijay Kedia Websol Energy, Vijay Kedia Om Infra, Canara Bank shareholding, Websol Energy shareholding, Chennai Petroleum shareholding, celebrity investor stocks, investor buying selling stocks, Q2FY27 stock picks — [Source](https://www.businesstoday.in/markets/stocks/story/dolly-khanna-jhujhunwala-cut-stakes-in-these-companies-kedia-increases-position-in-this-stock-560430-2026-10-08)
- 2026-10-01 — Economic Times: **Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade mixed - The Economic Times** — Sensex Today | Nifty 50 | Stock Market Live Updates: Benchmark indices pared gains from the day’s highs and ended near the day’s lows amid heightened volatility at the start of the new series. Persistent global uncertainty and an intraday spike in Brent crude oil prices kept investors cautious. — [Source](https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-nifty50-stock-market-live-updates-gift-nifty-infosys-hdfc-bank-share-price-01-october-2026/liveblog/134606042.cms)
- 2026-10-01 — BUSINESSTODAY: **GIFT Nifty down 110 points; NSE, YES Bank, TechM, Moneyview, Auro Pharma among top stocks in focus** — GIFT Nifty down 110 points; NSE, YES Bank, TechM, Moneyview, Auro Pharma among top stocks in focus — [Source](https://www.businesstoday.in/markets/stocks/story/gift-nifty-down-110-points-nse-yes-bank-techm-moneyview-auro-pharma-among-top-stocks-in-focus-558932-2026-10-01)
- 2026-10-01 — Mint: **Top stocks to watch today: Infosys, IRFC, Muthoot Finance among shares in focus on Thursday, 1 Oct | Full list** — Top stocks to watch on Thursday, 1 October: Infosys, HDFC Bank, Acme Solar, Muthoot Finance, Jio Financial Services, IRFC among shares that will remain in focus on Thursday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-and-why-infosys-irfc-muthoot-finance-among-shares-in-focus-on-thursday-1-oct-full-list-11790817912219.html)
- 2026-10-01 — Economic Times: **Stocks in news: Infosys, HDFC Bank, Jio Financial, IRFC, NCC and Blue Dart** — Indian equity benchmarks experienced a decline over two sessions due to profit booking and rising oil prices. The Nifty 50 index closed down by 95.75 points, reaching 22,620.45. Jio Financial Services and Allianz Europe B.V. have invested in their joint venture for business operations. Infosys has expanded its partnership with ABN AMRO for AI-driven transformation initiatives. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-infosys-hdfc-bank-jio-financial-irfc-ncc-and-blue-dart/articleshow/134599953.cms)
- 2026-10-01 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty set for eighth straight weekly loss ahead of Sensex expiry** — Sensex Today | Stock Market Live Updates: The final day of the week is also the first day of the new month and a new quarter. Business updates will start pouring in from companies for the quarter gone by. Also to be reported will be the Auto sales figures for September and the expectations are that it will be another strong quarter for auto companies. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-yields-inr-banks-auto-sales-ncc-tech-mah-igl-hudco-midcaps-share-price-liveblog-20002553.htm)
- 2026-09-30 — Economic Times: **IRFC Share Price Today, IRFC Stock Price Live NSE/BSE Updates | The Economic Times** — IRFC Share Price Today - Get live NSE/BSE quotes of IRFC with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/indian-railway-finance-corporation-ltd/stocks/companyid-12523.cms)

## Business profile

**Strategic vision:** Construction and infrastructure development across multiple sectors.

### Business segments
- **Buildings:** This segment encompasses the construction of industrial and commercial buildings, housing projects, IT parks, shopping malls, sports complexes, hospitals, and stadiums.
- **Transportation:** NCC develops critical transportation infrastructure including access-controlled highways, road EPC projects, airstrips, metros, tunnels, bridges, and flyovers.
- **Water & Environment:** The company addresses water management and waste water challenges by executing projects such as water supply systems, water treatment plants, water distribution networks, underground drainage systems, and sewage treatment plants.
- **Railways:** NCC contributes to the railway sector through projects involving dedicated freight corridors, zonal railway projects, and private railway sidings.
- **Irrigation:** This segment focuses on developing irrigation infrastructure crucial for agricultural activities, including canal networks, groundwater systems, and rainwater harvesting initiatives.
- **Mining:** NCC participates in the mining sector through Mine Developer-cum-Operator roles, overburden removal, and the extraction and transportation of coal from Open Cast Mines.
- **Electrical (T&D):** The Electrical Division handles extensive electrical construction projects, covering EHV/HV sub-stations & transmission lines, high voltage distribution systems, and feeder separation schemes.

### Competitive strengths
- Extensive experience in diverse construction and infrastructure development projects.
- Operational presence in both domestic and international markets.
- Capability to execute projects across multiple critical sectors including transportation, water, and energy.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/ncc
Markdown representation: https://faxioms.com/stocks/ncc?render=md