The multibagger stock has seen correction in the short term, falling 18% in a month and 9% in six months.
The multibagger stock has been in a downtrend in the short term, falling 14% in a month and 20% this year.
On Tuesday, shares of NBCC closed 3.04 per cent lower at Rs 111.80 on BSE over its previous close of Rs 115.30 apiece. The stock is nearly 20 per cent up in 2025 so far.
The development comes hours after the company notified the bourses about the successful completion of a sizeable e-auction of residential inventory in Greater Noida.
The e-auction update comes on the heels of a fresh order win. On November 17, NBCC informed the bourses that it had bagged a Rs 498.30-crore contract from Damodar Valley Corporation.
On Thursday, shares of NBCC closed 2.72 per cent lower at Rs 108.95 apiece on the BSE, compared to the previous close of Rs 112. The company’s market capitalisation stood at Rs 29,416 crore.
NBCC shares ended 1.8% higher at Rs 113.40 today. Market cap of the firm stood at Rs 30,618 crore.
NBCC shares rose as much as 2.8 per cent to hit the day’s high of Rs 110.92 on the BSE, against the previous close of Rs 107.80.
An analyst from Choice Broking said that Eternal is trading in uncharted territory with a positive volume rhythm on the daily charts, indicating scope for further upside.
NBCC share price outlook: Anand Rathi observed a trendline breakout along with a higher-top higher-bottom formation, indicating a potential change in trend.
NBCC said the project’s scope is ambitious and future-oriented, with plans for the Rajasthan Mandapam Convention Centre to be developed on approximately 25 acres land parcel.





