−38% from the high · +1.7% from the low
Long unwinding into a 26-day expiry: futures OI −1.6% on a −1.4% day, the most call OI sits at 85, the most put OI at 80, max pain 82.
NBCC futures closed at ₹77.84, +0.6% to spot, with 96% of open interest in the 27 Oct contract, and the 78 straddle prices a move of about ±6.7% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹77.84 | +0.44+0.6% | +8.0% | 14,000▼ −2.0% · −280 lots | 96 | 1,200 |
| 23 Nov53 days | ₹78.15 | +0.75+1.0% | +6.7% | 510▲ +4.7% · +23 lots | 3.6 | 96 |
| 29 Dec89 days | ₹78.47 | +1.07+1.4% | +5.7% | 15▲ +650.0% · +13 lots | 0.10 | 14 |
3.7% of futures OI sits beyond the 27 Oct contract · 39 of 62 listed contracts traded · 4,200 option contracts changed hands
The 78 straddle closed at ₹5.18 (call 2.76 + put 2.42), pricing a move of about ±6.7% by the 27 Oct expiry. In the last 253 windows of 19 sessions, NBCC moved more than that 122 times.
After the last 8 bulletins, NBCC closed higher five sessions later in 3 of 8.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 18 AugNBCC upgraded to hold on valuation improvement by MarketsMojo | ▼ −1.9%Nifty −0.6% · −1.4 pp | ▼ −2.9%Nifty −0.9% · −2.0 pp | ▼ −0.3%Nifty +0.2% · −0.5 pp | ▲ +0.9%short build-up |
| 14 JulNBCC secures ₹500 crore infrastructure contract | ▼ −0.3%Nifty +0.1% · −0.5 pp | ▼ −0.9%Nifty +0.1% · −1.0 pp | ▼ −3.5%Nifty −0.2% · −3.2 pp | ▼ −0.2%long unwinding |
| 26 MayNBCC India Q4 profit rises 37% to ₹241 crore | ▼ −1.3%Nifty −0.5% · −0.8 pp | ▲ +2.4%Nifty −0.5% · +2.9 pp | ▲ +5.6%Nifty −2.6% · +8.2 pp | ▲ +0.4%short build-up |
| 25 MayNBCC reports 39% YoY profit growth in Q4 FY26 | ▼ −1.3%Nifty −0.5% · −0.8 pp | ▲ +2.4%Nifty −0.5% · +2.9 pp | ▲ +5.6%Nifty −2.6% · +8.2 pp | ▲ +0.4%short build-up |
| 24 MarNBCC awarded ₹5,800 crore contract for Jaipur development | ▲ +3.3%Nifty +1.7% · +1.5 pp | ▼ −1.6%Nifty −0.4% · −1.2 pp | ▲ +3.0%Nifty +0.2% · +2.8 pp | ▼ −1.2%short covering |
| 21 MarNBCC secures ₹5,800 cr order for convention centre in Jaipur | ▼ −5.7%Nifty −2.6% · −3.1 pp | ▼ −2.5%Nifty −0.9% · −1.6 pp | ▼ −1.3%Nifty −1.9% · +0.6 pp | ▼ −0.1%long unwinding |
| 21 MarNBCC secures ₹5,800 cr order for Jaipur convention centre | ▼ −5.7%Nifty −2.6% · −3.1 pp | ▼ −2.5%Nifty −0.9% · −1.6 pp | ▼ −1.3%Nifty −1.9% · +0.6 pp | ▼ −0.1%long unwinding |
| 22 FebKey corporate actions from ITC, NBCC, Angel One this week | ▲ +0.5%Nifty +0.6% · −0.1 pp | ▼ −0.4%Nifty −0.6% · +0.2 pp | ▼ −5.8%Nifty −2.8% · −3.1 pp | 0.0%flat |
Revenue ₹2,260 cr, −5.5% on a year earlier; profit ₹158 cr, +17% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 11 Aug | ₹2,260 cr | ▼ −5.5% | ₹158 cr | ▲ +17% | 0.57 | ▼ −1.7%Nifty −0.1% · −1.6 pp |
| Mar 2026filed 25 May · audited | ₹4,560 cr | ▼ −1.8% | ₹254 cr | ▲ +39% | 0.89 | ▼ −1.3%Nifty −0.5% · −0.8 pp |
| Dec 2025filed 13 Feb | ₹3,022 cr | ▲ +6.9% | ₹197 cr | ▲ +38% | 0.71 | ▲ +1.8%Nifty +0.8% · +0.9 pp |
| Sept 2025filed 13 Nov | ₹2,910 cr | ▲ +18% | ₹157 cr | ▲ +25% | 0.57 | ▲ +4.7%Nifty +0.1% · +4.6 pp |
| Jun 2025filed 7 Aug | ₹2,391 cr | ▲ +12% | ₹135 cr | ▲ +26% | 0.49 | ▼ −3.5%Nifty −0.9% · −2.5 pp |
| Mar 2025filed 29 May · audited | ₹4,643 cr | ▲ +15% | ₹183 cr | ▲ +29% | 0.65 | ▲ +6.2%Nifty −0.3% · +6.5 pp |
| Dec 2024filed 12 Feb | ₹2,827 cr | ▲ +17% | ₹142 cr | ▲ +25% | 0.51 | ▼ −0.1%Nifty −0.1% · −0.1 pp |
| Sept 2024filed 14 Nov | ₹2,459 cr | ▲ +20% | ₹125 cr | ▲ +53% | 0.45 | ▲ +0.6%Nifty −0.1% · +0.7 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹12,884 cr | ▲ +6.7% | ₹742 cr | ▲ +33% | 2.66 |
| FY25to Mar 2025 | ₹12,072 cr | ▲ +16% | ₹557 cr | ▲ +35% | 2.19 |
| FY24to Mar 2024 | ₹10,408 cr | — | ₹414 cr | — | 2.24 |
NBCC trades at 28 times trailing earnings against 31 for its industry, 6.5 times book value, revenue +3.5% over twelve months, a 2.4% dividend yield, market cap ₹21,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| LTLarsen & Toubro Limited | 5,10,000 cron 1 Oct | 31consolidated | 4.0 | ₹3,693.40 |
| RVNLRail Vikas Nigam Limited | 41,000 cron 1 Oct | 46consolidated | 4.2 | ₹197.00 |
| KPILKalpataru Projects International Limited | 23,000 cron 1 Oct | — | 3.0 | ₹1,356.40 |
| NBCCNBCC (India) Limited | 21,000 cron 1 Oct | 28consolidated | 6.5 | ₹77.40 |
| IRBIRB Infrastructure Developers Limited | 21,000 cron 1 Oct | — | 0.98 | ₹17.00 |
| CEMPROCemindia Projects Limited | 20,000 cron 1 Oct | — | 8.4 | ₹1,178.90 |
| ENGINERSINEngineers India Limited | 18,000 cron 1 Oct | — | 5.6 | ₹312.75 |
| TECHNOETechno Electric & Engineering Company Limited | 12,000 cron 1 Oct | — | 2.8 | ₹998.60 |
| IRCONIrcon International Limited | 10,000 cron 1 Oct | — | 1.6 | ₹110.25 |
| RITESRITES Limited | 10,000 cron 1 Oct | — | 3.6 | ₹209.50 |
| WELENTWelspun Enterprises Limited | 10,000 cron 1 Oct | — | 3.1 | ₹724.45 |
| KECKEC International Limited | 9,900 cron 1 Oct | — | 1.6 | ₹372.35 |
| AFCONSAfcons Infrastructure Limited | 8,900 cron 1 Oct | — | 1.6 | ₹242.40 |
| NCCNCC Limited | 8,200 cron 1 Oct | — | 1.0 | ₹130.05 |
| POWERMECHPower Mech Projects Limited | 7,800 cron 1 Oct | — | 3.0 | ₹2,476.20 |
| GRINFRAG R Infraprojects Limited | 7,600 cron 1 Oct | — | 0.81 | ₹790.20 |
| ISGECIsgec Heavy Engineering Limited | 6,800 cron 1 Oct | — | 2.3 | ₹919.70 |
| CEIGALLCeigall India Limited | 6,600 cron 1 Oct | — | 3.1 | ₹380.10 |
| DBLDilip Buildcon Limited | 6,500 cron 1 Oct | — | 0.93 | ₹399.10 |
| HCCHindustan Construction Company Limited | 5,300 cron 1 Oct | — | 2.5 | ₹20.25 |
| LCCPROJECTLCC Projects Limited | 4,400 cron 1 Oct | — | — | ₹151.45 |
| SWSOLARSterling and Wilson Renewable Energy Limited | 3,800 cron 1 Oct | — | 5.9 | ₹164.80 |
| AHLUCONTAhluwalia Contracts (India) Limited | 3,700 cron 1 Oct | — | 1.8 | ₹555.90 |
| PNCINFRAPNC Infratech Limited | 3,500 cron 1 Oct | — | 0.52 | ₹138.15 |
| JKILJ.Kumar Infraprojects Limited | 3,500 cron 1 Oct | — | 1.0 | ₹461.85 |
| KNRCONKNR Constructions Limited | 3,200 cron 1 Oct | — | 0.64 | ₹113.30 |
| VINDHYATELVindhya Telelinks Limited | 3,100 cron 1 Oct | — | 0.74 | ₹2,617.00 |
| PSPPROJECTPSP Projects Limited | 3,000 cron 1 Oct | — | 2.3 | ₹747.10 |
| ASHOKAAshoka Buildcon Limited | 3,000 cron 1 Oct | — | 0.45 | ₹105.30 |
| INTERARCHInterarch Building Solutions Limited | 2,800 cron 1 Oct | — | 3.2 | ₹1,666.90 |
| HGINFRAH.G. Infra Engineering Limited | 2,700 cron 1 Oct | — | 0.83 | ₹419.90 |
| PATELENGPatel Engineering Limited | 2,600 cron 1 Oct | — | 0.58 | ₹25.90 |
| GKENERGYGK Energy Limited | 2,300 cron 1 Oct | — | 2.6 | ₹114.75 |
| SIMPLEXINFSimplex Infrastructures Limited | 1,900 cron 1 Oct | — | 2.0 | ₹245.00 |
| RAMKYRamky Infrastructure Limited | 1,900 cron 1 Oct | — | 0.88 | ₹274.60 |
| INDIANHUMEIndian Hume Pipe Company Limited | 1,800 cron 1 Oct | — | 1.2 | ₹346.10 |
| GARUDAGaruda Construction and Engineering Limited | 1,600 cron 1 Oct | — | 3.5 | ₹172.20 |
| CAPACITECapacit'e Infraprojects Limited | 1,500 cron 1 Oct | — | 0.80 | ₹180.35 |
| VIKRANVikran Engineering Limited | 1,500 cron 1 Oct | — | 1.2 | ₹58.25 |
| GPTINFRAGPT Infraprojects Limited | 1,500 cron 1 Oct | — | 2.5 | ₹118.65 |
| MBELM & B Engineering Limited | 1,400 cron 1 Oct | — | 2.2 | ₹251.75 |
| SPMLINFRASPML Infra Limited | 1,400 cron 1 Oct | — | 1.4 | ₹159.30 |
| BLKASHYAPB. L. Kashyap and Sons Limited | 1,100 cron 1 Oct | — | 2.1 | ₹50.25 |
| SOLARWORLDSolarworld Energy Solutions Limited | 1,100 cron 1 Oct | — | 1.3 | ₹125.55 |
| GAYAPROJGayatri Projects Limited | 1,000 cron 1 Oct | — | 1.7 | ₹22.45 |
| SEPCSEPC Limited | 980 cron 1 Oct | — | 0.51 | ₹5.10 |
| SRMSRM Contractors Limited | 910 cron 1 Oct | — | 2.2 | ₹398.75 |
| LIKHITHALikhitha Infrastructure Limited | 890 cron 1 Oct | — | 2.2 | ₹225.60 |
| OMINFRALOM INFRA LIMITED | 730 cron 1 Oct | — | 0.91 | ₹76.10 |
| SUPREMEINFSupreme Infrastructure India Limited | 650 cron 1 Oct | — | 2.8 | ₹66.95 |
| OMPOWEROm Power Transmission Limited | 540 cron 1 Oct | — | 3.9 | ₹157.75 |
| HAZOORHazoor Multi Projects Limited | 520 cron 1 Oct | — | — | ₹17.95 |
| BRAHMINFRABrahmaputra Infrastructure Limited | 430 cron 1 Oct | — | — | ₹148.85 |
| WSIW S Industries (I) Limited | 400 cron 1 Oct | — | 1.0 | ₹53.20 |
| MARKOLINESMarkolines Pavement Technologies Limited | 370 cron 1 Oct | — | 1.8 | ₹167.25 |
| MBLINFRAMBL Infrastructure Limited | 360 cron 1 Oct | — | 0.38 | ₹23.10 |
| VPRPLVishnu Prakash R Punglia Limited | 350 cron 1 Oct | — | 0.56 | ₹28.40 |
| ZODIACZodiac Energy Limited | 330 cron 1 Oct | — | 2.8 | ₹216.90 |
| ANNUAnnu Projects Limited | 310 cron 1 Oct | — | — | ₹47.10 |
| DBEILDeepak Builders & Engineers India Limited | 300 cron 1 Oct | — | 0.68 | ₹6.50 |
| RPPINFRAR.P.P. Infra Projects Limited | 260 cron 1 Oct | — | 0.49 | ₹52.60 |
| SABSAB Industries Limited | 260 cron 1 Oct | — | — | ₹170.00 |
| GLOBECIVILGlobe Civil Projects Limited | 250 cron 1 Oct | — | 1.0 | ₹41.50 |
| MADHAVIPLMadhav Infra Projects Limited | 200 cron 1 Oct | — | — | ₹7.30 |
| NIRAJNiraj Cement Structurals Limited | 170 cron 1 Oct | — | 0.62 | ₹27.75 |
| TARMATTarmat Limited | 140 cron 1 Oct | — | 0.77 | ₹57.25 |
| BRNLBharat Road Network Limited | 130 cron 1 Oct | — | 0.25 | ₹16.05 |
| SADBHAVSadbhav Engineering Limited | 120 cron 1 Oct | — | — | ₹6.80 |
| BCPLBCPL Railway Infrastructure Limited | 110 cron 1 Oct | — | 1.1 | ₹67.25 |
| USKUdayshivakumar Infra Limited | 100 cron 1 Oct | — | 0.60 | ₹18.40 |
| NAVKARURBNavkar Urbanstructure Limited | 95 cron 1 Oct | — | 0.60 | ₹0.85 |
| SADBHINSadbhav Infrastructure Project Limited | 92 cron 1 Oct | — | — | ₹2.60 |
| SEMACSemac Construction Limited | 75 cron 1 Oct | — | 0.87 | ₹242.00 |
| MADHUCONMadhucon Projects Limited | 29 cron 1 Oct | — | — | ₹4.00 |
| KRIDHANINFKridhan Infra Limited | 18 cron 1 Oct | — | — | ₹1.85 |
| ABINFRAA B Infrabuild Limited | — | — | — | — |
| BGRENERGYBGR Energy Systems Limited | — | — | — | — |
| IL&FSENGGIL&FS Engineering and Construction Company Limited | — | — | — | — |
| IL&FSTRANSIL&FS Transportation Networks Limited | — | — | — | — |
| MBECLMcnally Bharat Engineering Company Limited | — | — | — | — |
| MOLDTECHMold-Tek Technologies Limited | — | — | — | — |
| SETUINFRASetubandhan Infrastructure Limited | — | — | — | — |
| SKILSKIL Infrastructure Limited | — | — | — | — |
| TICLTwamev Construction and Infrastructure Limited | — | — | — | — |
| TPHQTeamo Productions HQ Limited | — | — | — | — |
Promoters hold 61.8%, foreign portfolio investors 4.8%, mutual funds 6.3% and insurance companies 4.9%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 61.750.00 pp | 61.750.00 pp | 61.750.00 pp | 61.750.00 pp | 61.75 |
| Foreign portfolio investors | 4.77▼ −0.22 pp | 4.99▼ −0.21 pp | 5.20▼ −0.14 pp | 5.34▲ +0.35 pp | 4.99 |
| Mutual funds | 6.30▲ +0.46 pp | 5.84▼ −1.46 pp | 7.30▲ +1.40 pp | 5.90▲ +0.19 pp | 5.71 |
| Insurance companies | 4.89▲ +0.03 pp | 4.86▼ −0.05 pp | 4.91▼ −0.12 pp | 5.03▼ −0.45 pp | 5.48 |
| Banks and financial institutions | 0.09▲ +0.04 pp | 0.05▲ +0.01 pp | 0.040.00 pp | 0.040.00 pp | 0.04 |
| Individual investors | 19.77▼ −0.70 pp | 20.47▲ +1.52 pp | 18.95▼ −1.30 pp | 20.25▲ +0.10 pp | 20.15 |
| Bodies corporate | 1.59▲ +0.43 pp | 1.16▲ +0.10 pp | 1.06▲ +0.23 pp | 0.83▼ −0.16 pp | 0.99 |
| Others | 0.84▼ −0.04 pp | 0.88▲ +0.08 pp | 0.80▼ −0.07 pp | 0.87▼ −0.02 pp | 0.89 |
Nothing upcoming on record; the last was a dividend of ₹0.46 a share, ex-date 28 Aug 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 28 Aug 2026 | dividend | ₹0.46 | 28 Aug 2026 | BSE |
| 17 Aug 2026 | dividend | ₹0.15 | 17 Aug 2026 | BSE |
| 25 Feb 2026 | dividend | ₹0.12 | 25 Feb 2026 | BSE |
| 19 Nov 2025 | dividend | ₹0.21 | 19 Nov 2025 | BSE |
| 29 Aug 2025 | dividend | ₹0.14 | 29 Aug 2025 | BSE |
| 13 Aug 2025 | dividend | ₹0.21 | 13 Aug 2025 | BSE |
| 18 Feb 2025 | dividend | ₹0.53 | 18 Feb 2025 | BSE |
| 7 Oct 2024 | bonus | 1:2 | 7 Oct 2024 | BSE |
NBCC is −8.9% over 20 sessions against Nifty's −6.2%, 38% below its 52-week high, realised volatility 26% annualised.
| Window | From ₹ | NBCC % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹105.18 | ▼ −26% | ▼ −9.1% | −17 |
| 120 sessionssince 9 Apr | ₹87.83 | ▼ −12% | ▼ −5.7% | −6.2 |
| 60 sessionssince 8 Jul | ₹94.78 | ▼ −18% | ▼ −6.1% | −12 |
| 20 sessionssince 2 Sept | ₹85.00 | ▼ −8.9% | ▼ −6.2% | −2.7 |
| 5 sessionssince 24 Sept | ₹82.34 | ▼ −6.0% | ▼ −2.8% | −3.2 |
| 1 sessionsince 30 Sept | ₹78.50 | ▼ −1.4% | ▼ −0.88% | −0.52 |
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