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NBCC upgraded to hold on valuation improvement by MarketsMojo

NBCC (India) Ltd was upgraded to Hold by MarketsMojo due to a valuation shift from fair to attractive. The company has a P/E ratio of 35.3 and a net-debt-free status, supporting its positive outlook in the construction sector.

pre-market1 source ↓written by the desknot a recommendation

NBCC (India) Ltd received a rating upgrade to Hold from MarketsMojo, driven by a shift in its valuation grade from fair to attractive. The company's P/E ratio is 35.3, with a P/B value of 7.99, reflecting a justified premium due to its ROE of 21.87%.

Despite elevated valuation multiples, NBCC's net-debt-free status and growth trajectory in the construction sector support this positive outlook, potentially reducing financial risk for investors.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Aug 2026, 07:09 IST.

Sourcesnews.google.com

The market after the news

NBCC closed −1.9% on the day of the news, from ₹89.75 to ₹88.00; Nifty −0.6% over the same session; futures OI +0.9%.

Bulletin at 07:09 IST on 18 Aug 2026. Every change is measured from ₹89.75, the last close before it, on 17 Aug. Nifty 50 is measured over the same sessions.

  • NBCC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
NBCC closes around the bulletin against the close before the news, with Nifty 50 rebased to it79.4889.75100.02axis spans 26%before the news · 17 Aug89.75Nifty 50NBCCbulletinD0+1+3+511 Aug21 Aug1 SeptFutures open interest, lotspeak 17,000Reference close ₹89.75. 16 sessions from 11 Aug to 1 Sept; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Aug₹89.75basebase
On the day18 Aug₹88.00▼ −1.9%▼ −0.6%−1.4 pp difference
+1 session19 Aug₹87.19▼ −2.9%▼ −0.9%−2.0 pp difference
+3 sessions21 Aug₹88.88▼ −1.0%▼ −0.1%−0.8 pp difference
+5 sessions25 Aug₹89.50▼ −0.3%▲ +0.2%−0.5 pp difference
Gap at the open, % · ₹
▼ −0.5%−0.40 on 18 Aug
Day's range, % · ₹
2.5%≈ 2.2 high to low
Volume on the day
1.08×the 20-session average
Futures OI on the day
▲ +0.9%+160 lots · short build-up · price −1.9%
Futures OI open, lots
17,00018 Aug · 25 Aug expiry
Futures premium, ₹
−0.020.0% to spot
Puts per call, by OI
0.39from 0.41 the session before
Max pain
93from 93 the session before

Source NSE UDiFF bhavcopy · NBCC on the desk →

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