A healthy share of capital outlay for roads sector in Budget 2017 bodes well for construction companies, according to Nagarjuna Construction Company‘s (NCC) management.
NCC and IRB Infra are looking good at current levels, says SP Tulsian of sptulsian.com
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares his trading strategies for the day.
One can buy IVRCL and NCC, says SP Tulsian, sptulsian.com.
Sudarshan Sukhani of s2analytics.com says he would be a seller in the market today because the Nifty failed to cross resistance levels of 5,960-5,965 and also broke down below 5,880. The intraday short-term signals suggest selling, he explained.
Angel Broking is bullish on Nagarjuna Construction Company (NCC) and has recommended buy rating on the stock with a target of Rs 45, in its August 9, 2012 research report. The stock is currently trading at a low valuation of 0.4x P/BV FY2014E.
It was a flat day across global markets with the US markets closed. Sudarshan Sukhani of s2analytics.com says there is now a little room for our market to pullback.
Two ambitious apartment schemes of the Lucknow Development Authority—Dhenumati and Kalptaru apartment—would be executed by construction giants Larsen & Toubro and Nagarjuna Construction Company respectively, reports The Times of India.