NBCC share price target 2022, 2023, 2025, 2030
Hello friends, today we are going to talk about NBCC share price target 2022, 2023, 2025, 2030, which is a PSU company associated with the works of construction business. However, if you look at the long-term performance of NBCC share, then the company’s share price does not see that much performance, due to which every big investor is hesitant to invest in this stock for a long time.
Therefore, today we will analyze the complete details of the business of NBCC company as well as look at the future of the company, this will give us an idea of how much NBCC share price target is capable of showing in the coming time. Let us know in detail-
NBCC share price target 2022
If we look at the works related to construction and development, then NBCC is seen as one of the largest companies in the whole of India. Where the company works in many different types of projects, out of which NBCC is involved in the work like Project Management Consultancy, Engineering Construction, Real Estate Development.
For some time now, there has been a good growth in the construction activities of the company, due to which the company has been showing a good growth in net income in a short span of time. Due to the lack of debt on NBCC, very soon any project is easily seen to be completed, due to which the net income of the company is seen to be increasing rapidly.With a steady income, NBCC share price target can be seen showing the first target of Rs 52 in 2022, giving good earnings to the shareholders. After this target is interest, the second target can be expected to show Rs 56.
NBCC share price target 2023
If seen near NBCC, there is always a strong order book to be seen. Being a government company, NBCC is seen giving maximum importance to many small and big projects of the state and central government, due to which there is never any reduction in the order book of the company. At present, the order book of the project is lying with NBCC above about 61700 crores.With the increase in construction work,
the management is fully expecting that in the coming days, the order book will see an even faster rate. As the order book will see a lot, and when the company will be seen slowly completing the work of these projects, it is going to be seen showing a good growth in the business as well.With the growth of the business,
NBCC share price target is seen till 2023, giving good returns, you can get the first target of Rs 64. After that you can soon see the second target getting interest of Rs 68.
NBCC share price target 2025
NBCC is continuously completing the work of many construction related projects in India, as well as slowly catching up with its presence in the international market. By using its modern technology, NBCC is seen working on many new projects in the surrounding countries of India as well as in the sold countries like Dubai.
Gradually, as soon as the company will be seen completing the work of big projects with the help of modern technology, NBCC has full potential to be seen as a strong company in the business related to construction and development in the market of different countries.
As the business will expand in every country, NBCC share price target can be seen showing the first target of Rs 90 with good growth in the business by 2025. And then you can consider holding the second target for Rs.95.
NBCC share price target 2030
In the long run, if you look at the entire sector related to construction and development, there is a lot of scope for good growth. In comparison to the rest of the sold countries, India still lags behind in terms of development, due to which the growth in NBCC’s business in the coming time is quite visible.
Gradually, the way the Government of India is seen investing a good amount to complete new big projects every year to strengthen the sector related to construction and development, the biggest benefit of this sector is the best government company NBCC. Looks like there’s a good chance to pick up.
If seen taking advantage of this increasing opportunity well, then NBCC share price target by 2030, showing tremendous returns to the shareholders, there is every possibility of the share price going up to the target of Rs 210.
NBCC share price target 2022, 2023, 2025, 2030 Table
YEAR NBCC SHARE PRICE TARGET
2022 Target Rs 56
2023 Target Rs 68
2025 Target Rs 95
2030 Target Rs 210
Future of NBCC share
In the future, the work related to construction and development projects is going to keep increasing, due to which the company related to it will definitely get benefits. NBCC being a fundamentally strong company in its sector, good support of the government is also seen on this company from time to time, due to which the company is expected to grow at a good pace in the future.
Due to the absence of debt on NBCC, the company will not have to face much problem to increase its business in future, due to which good growth can be seen in NBCC as compared to other peer companies. In the coming times, as NBCC will be seen completing every major project on time with the help of its modern technology, the company’s business is going to grow accordingly.
Risk of NBCC share
The biggest risk in the business of NBCC, most of the revenue of the company depends on the government project, due to which if the government is ever seen giving a project to a private company, then NBCC’s business will see a bad effect.
If we see the second risk, it takes a lot of time to complete the project that the company has got, at the same time any change in the policy of the Biz Government can affect the business of the company.
Conclusin (NBCC Share Price Target 2022, 2023, 2025, 2030 )
There is no doubt that NBCC has full potential to take advantage of this growing growth in the times to come, but the business risk of the company should not be overlooked at all. In my opinion, if you are investing in this sector expecting huge returns, then it would be better to stay away from this sector for a while.
Because most of the time it has been seen that the growth of this sector seems to be very slow, due to which you see little hope of huge returns in this stock. But before taking any investment decision, do not forget to take the advice of your financial advisor, only then think of investing in this stock.