InvestorQ : I have bought 463 shares of NCC for 54.77. Pls let me know the future price or valuation of this stock.
Srikanth M made post

I have bought 463 shares of NCC for 54.77. Pls let me know the future price or valuation of this stock.

Answer
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Dilmini Mercia answered.
6 months ago


The company has been pressure and has lost over 85% value in the last one year due to a slowdown in infra orders. You have bought the stock at a relatively high price as the stock is not quoting at Rs.22 levels. However, I do not see too much of downside risks in the stock and it has some marquee investors in it. You can look to hold on for a bounce. You should get a profitable exit on the counter.