{"id":313309,"date":"2026-10-16T11:45:54","date_gmt":"2026-10-16T06:15:54","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313309"},"modified":"2026-10-16T11:45:54","modified_gmt":"2026-10-16T06:15:54","slug":"ncc-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/","title":{"rendered":"Is NCC the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>NCC CMP Rs 124 (16 Oct 2026). Market cap Rs 7,773 Cr. ROE 8.58%. P\/E 10.39x versus Industry P\/E 22.80x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">NCC is one of the names investors compare when screening the Infrastructure sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/ncc\/ncc-ltd-share-price-today\">NCC<\/a> the best stock in its sector? The stock trades on the NSE at Rs 124 as of 16 October 2026, within its 52-week range of Rs 119.01 to Rs 217.25. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ncc-best-stock-in-its-sector\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#About_NCC\" title=\"About NCC\">About NCC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#Is_NCC_the_Best_Stock_in_Its_Sector\" title=\"Is NCC the Best Stock in Its Sector?\">Is NCC the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#How_NCC_Compares_Against_Its_Infrastructure_Sector_Peers\" title=\"How NCC Compares Against Its Infrastructure Sector Peers\">How NCC Compares Against Its Infrastructure Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#What_Makes_NCC_Worth_Watching_in_Infrastructure\" title=\"What Makes NCC Worth Watching in Infrastructure\">What Makes NCC Worth Watching in Infrastructure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#NCC_Valuation_Is_It_Justified\" title=\"NCC Valuation: Is It Justified?\">NCC Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#How_to_Track_NCC_Before_You_Invest\" title=\"How to Track NCC Before You Invest\">How to Track NCC Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#Is_NCC_the_best_stock_in_its_sector\" title=\"Is NCC the best stock in its sector?\">Is NCC the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#What_is_the_current_share_price_of_NCC\" title=\"What is the current share price of NCC?\">What is the current share price of NCC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#What_sector_does_NCC_belong_to\" title=\"What sector does NCC belong to?\">What sector does NCC belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#How_does_NCC_compare_to_its_sector_peers_on_PE\" title=\"How does NCC compare to its sector peers on P\/E?\">How does NCC compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#What_is_NCCs_return_on_equity\" title=\"What is NCC&#8217;s return on equity?\">What is NCC&#8217;s return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ncc-best-stock-in-its-sector\/#Should_I_invest_in_NCC_based_on_its_sector_position\" title=\"Should I invest in NCC based on its sector position?\">Should I invest in NCC based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_NCC\"><\/span><strong>About NCC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NCC Ltd is a Hyderabad based construction company with a long record in civil and infrastructure work. It builds buildings, roads, water and irrigation projects, electrical works and mining projects, and a large part of its orders come from government bodies. At a market capitalisation of Rs 7,773 Cr, it is tracked as part of the Infrastructure sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_NCC_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is NCC the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NCC makes its case as the best stock in its sector primarily on valuation relative to its Industry P\/E, backed by its return on equity. NCC&#8217;s 10.39x P\/E is below the 22.80x Industry P\/E and KEC International at 17.32x, though above Patel Engineering at 8.60x, while its 8.58% ROE is lower than KEC International at 9.83% and Patel Engineering at 9.07%, and its debt to equity ratio of 0.44 is below KEC International at 0.87, though above Patel Engineering at 0.27.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">NCC<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 123.78<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 217.25 \/ Rs 119.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 7,773 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">10.39x vs 22.80x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.99<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">8.58%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 11.92<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.78%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.44<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare NCC Against Other Infrastructure Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_NCC_Compares_Against_Its_Infrastructure_Sector_Peers\"><\/span><strong>How NCC Compares Against Its Infrastructure Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets NCC against 2 other Infrastructure sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ncc\/ncc-ltd-share-price-today\">NCC<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">7,773<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">10.39<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">8.58%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.44<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">KEC International<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9,589<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">17.32<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.83%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.87<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Patel Engineering<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">2,466<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">8.60<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.07%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.27<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>12.96<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>9.45%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.57<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, NCC&#8217;s P\/E is 20 percent below the 12.96x average, and its ROE is 0.87 percentage points below the 9.45% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_NCC_Worth_Watching_in_Infrastructure\"><\/span><strong>What Makes NCC Worth Watching in Infrastructure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 7,773 Cr, its market capitalisation is larger than Patel Engineering (Rs 2,466 Cr), though smaller than KEC International (Rs 9,589 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Order inflows from housing, water and road projects, and the pace of billing and payments from government clients, drive revenue.<\/li>\n<li><strong>Key risk:<\/strong> Its ROE is below 10%, and the stock sits near its 52-week low, which may reflect worries about execution and working capital.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"NCC_Valuation_Is_It_Justified\"><\/span><strong>NCC Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 0.99, the market pays about Rs 0.99 for every rupee of book value, and the EPS (TTM) of Rs 11.92 is the earnings base behind the P\/E. The stock trades about 43 percent below its 52-week high and about 4 percent above its 52-week low. The dividend yield of 1.78% is a modest income component, so returns depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track NCC and other Infrastructure sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_NCC_Before_You_Invest\"><\/span><strong>How to Track NCC Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether NCC deserves its label as the best stock in its sector for your own portfolio, compare it directly against Infrastructure sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for NCC to view live price, valuation ratios, and peer comparisons within the Infrastructure sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Infrastructure sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NCC gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Infrastructure depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Is_NCC_the_best_stock_in_its_sector\"><\/span><strong>Is NCC the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. NCC has an 8.58% ROE and trades at 10.39x P\/E against a 22.80x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 9.45% peer average and its P\/E is below the 12.96x peer average. Its debt to equity ratio of 0.44 is below the 0.57 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_NCC\"><\/span><strong>What is the current share price of NCC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NCC was trading at Rs 123.78 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 119.01 to Rs 217.25. That leaves the share price 43 percent short of the 52-week high and 4 percent clear of the 52-week low. Its market capitalisation is Rs 7,773 Cr and its EPS (TTM) is Rs 11.92, which is the earnings figure behind the 10.39x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_NCC_belong_to\"><\/span><strong>What sector does NCC belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NCC is classified under the Infrastructure sector on Univest, and that group of listed companies is the reference point for the 22.80x Industry P\/E used in this article. The 2 named peers compared here are KEC International and Patel Engineering, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Infrastructure sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_NCC_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does NCC compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NCC&#8217;s P\/E of 10.39x is below the 12.96x average of the 2 named peers, with KEC International at 17.32x and Patel Engineering at 8.60x. It also sits below the 22.80x Industry P\/E, which is the benchmark for the wider Infrastructure sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 0.99 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_NCCs_return_on_equity\"><\/span><strong>What is NCC&#8217;s return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NCC reported a return on equity of 8.58%, which is below the 9.45% average of its named peers, with KEC International at 9.83% and Patel Engineering at 9.07%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.44 against a peer average of 0.57. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_NCC_based_on_its_sector_position\"><\/span><strong>Should I invest in NCC based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. NCC has an 8.58% ROE and a 10.39x P\/E, which make it worth researching further, and its dividend yield is 1.78%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is NCC the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. NCC has an 8.58% ROE and trades at 10.39x P\/E against a 22.80x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 9.45% peer average and its P\/E is below the 12.96x peer average. Its debt to equity ratio of 0.44 is below the 0.57 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of NCC?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NCC was trading at Rs 123.78 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 119.01 to Rs 217.25. That leaves the share price 43 percent short of the 52-week high and 4 percent clear of the 52-week low. Its market capitalisation is Rs 7,773 Cr and its EPS (TTM) is Rs 11.92, which is the earnings figure behind the 10.39x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does NCC belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NCC is classified under the Infrastructure sector on Univest, and that group of listed companies is the reference point for the 22.80x Industry P\/E used in this article. The 2 named peers compared here are KEC International and Patel Engineering, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Infrastructure sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.\"}},{\"@type\":\"Question\",\"name\":\"How does NCC compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NCC's P\/E of 10.39x is below the 12.96x average of the 2 named peers, with KEC International at 17.32x and Patel Engineering at 8.60x. It also sits below the 22.80x Industry P\/E, which is the benchmark for the wider Infrastructure sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 0.99 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is NCC's return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NCC reported a return on equity of 8.58%, which is below the 9.45% average of its named peers, with KEC International at 9.83% and Patel Engineering at 9.07%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.44 against a peer average of 0.57. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in NCC based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. NCC has an 8.58% ROE and a 10.39x P\/E, which make it worth researching further, and its dividend yield is 1.78%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is NCC the best stock in its Infrastructure sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":28,"featured_media":313308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-313309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313308"],"rank_math_title":["Is NCC the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is NCC the best stock in its Infrastructure sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is NCC the Best Stock in Its Sector? 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