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Hello everyone, today is November 1st, and in this video, we're going to talk about NCC Limited. This stock is worth ₹1. We've definitely seen a rally of 2 today. It's a strong company involved in the construction and engineering sectors. In this video, we'll discuss whether this is the right time to buy the stock.
When the pandemic hit, there was a significant drop. After that, the stock bounced back significantly, but it has n't yet seen a rally as big as the decline we saw. The stock hasn't even reached its pre-COVID level yet, so there's still room for a significant rally. So, it's worth discussing whether a significant rally is yet to come here, or if the stock could sink even lower.
We'll discuss that in this video. But before that, if you have n't subscribed to the channel yet, please subscribe now, because there are plenty of videos ahead that will help you immensely. So, let's begin. This NCC Limited stock is worth ₹1. There's definitely a significant rally here today. If we look at the past one month, though slowly, the stock is moving upwards.
It has shown growth from 45 to 5. It has made a low of ₹1 and a high of ₹. If we look at the past one year, there has been a decline of 40 in 1 year. Now look, before Corona, this stock used to trade around ₹1. When Covid came, it broke down to ₹1. There was a rise, a fall, a rise, a fall, a rise, a fall, a rise.
Look, it is very slow but slowly the stock is going up and this is a positive sign. I believe there is still a big scope for a big rise. The stock is of ₹1. Still, look, it has not reached the pre-Covid level. There is still a distance of ₹1 from it. So, I think whether there is a possibility of a rally now or not, before we talk about that, we look at the data of the past three years.
In NCC Limited, the fall to 65 in the past three years is a high of 0. The low is of 16 which is formed now. If we talk about 10 years, then the past Its 10-year graph is very, very interesting. Now look here, it was traded at a good price. The stock was above 00, there was a huge fall and it fell to ₹.
But whenever there has been a big fall, it has bounced back significantly. It fell again and bounced back much more than that. It fell again and then bounced back again. The fall has just come due to the pandemic. I am definitely seeing a chance for a bounce back here. This is a small share. It has a market cap of around 2122 crores.
It is a small cap share. If you look at the NSC, a volume trend of around 55 lakhs was seen. If I talk about share holding, the promoter has made a purchase. It is a good thing. It was at 19.3%. The promoter's holding is 19.6%. This means the promoter has made a purchase. FLs and Muse Fund have sold a little of their holding at 11.42.
FLs ' holding is 9.80%. Mutual Funds' holding is 13.01% and 12.22%. Here, Rakesh Jhunjhunwala has made a huge purchase. Even during the pandemic, his holding is seen around 10 per cent, which used to be at 9.5 per cent earlier. Now, he has a holding of 10.24 per cent. His wife Rekha Jhunjhunwala has a huge holding.
She has also invested in 10 mutual fund schemes and 68 funds. Individual investor holding is seen around 49.1 per cent. Dividend of 10 per cent is also paid, which means you get 20 paise per share here. If I talk about NCC Limited, the technical side is still excellent. There is still hope of a rise here.
This stock is still available at a cheap valuation. The price is 6.81 per share, whereas the industry price is 16.7. The book value is 83. Price to value is 0.42. EPS is 5.21 and daily is around 34. Everyone can see you here only and They will only advise you to buy, no one is advising you to sell here and you see, they themselves increased their holdings like I told you just now that Rekha Jhunjhunwala ji has a holding of 10.24 and in the September quarter she bought an additional 42 lakh shares, so that is why the holding increased, it used to be around 9-9.50, apart from that they have made a profit of 17 crores in the June quarter, before that there was a profit of 65 crores, so you see the profit of 17 crores was in June, that too when it was the lockdown period when everything was closed, they made a profit of 17 crores in June, but now when the September results of quarter two will come, it was the phase of unlock, so I think there will be good results there due to which you might even see a rally, its results are going to come tomorrow, its results are going to come tomorrow and we hope that you will see better results, you may see good results tomorrow for NCC Limited, so be ready tomorrow There is no doubt that the results will be good for the day as well.
The best thing I feel is that the promoters are continuously buying and along with this they are also redeeming the pledged shares. Earlier the holding was pledged at 36, today only the holding is pledged at 26. So see, quarter after quarter the promoters have redeemed the pledged shares and this is the best thing.
Here the promoters themselves are also buying, this is also a very good thing. So the promoters seem to be very positive about their company and still as I said there is room for a big rally, the shares have still not reached the pre-Covid level, there is still room for 202 here, so my advice to buy in NCC Limited will definitely be what I have been saying for a long time.
When the stock was at 17, 18, 19, till 20, 22, 25, 26, 30, even when it was at 30, 32, even then my rating was buy. If you want, you can watch many videos. I have made a buy order on NCC Ltd. and every time my advice has been to buy and I still recommend buying here. If you have bought, then my advice will be to stay put.
There is still hope of a big rally here. This stock can still go up further. The results are due tomorrow and believe me, I think the results will be better, which can propel it towards a bigger rally. So stay put. If you want to make a fresh buy, do it. There is no need to be afraid. But as I have always said, do not make the mistake of buying too many shares at the same price in ACC.
Keep adding small quantities. It will be better to buy in batches. If you want to buy 500 shares, then first buy only 100 shares, then wait for a decline. If the quantity of shares increases, then add another 100 shares. Then wait for a decline and buy another 100 shares. If you play this way, you will definitely benefit.
But do not get greedy or over- excited and buy a huge quantity at one price. Do n't make the mistake, so I will end the video like this. If you liked the video, please like and share it. If you are visiting the channel for the first time, please subscribe. You can also tell me in the comments what you think about NCC Limited.
Apart from that, if you have asked me about the shares I have recommended for buying, I will keep updating you there as well. Thank you.
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