NCC bags new order worth Rs393 crore; stock rises

4 Oct 2022 , 01:29 PM

NCC Limited informed that the company has received a new order worth Rs393 crore (exclusive of GST) in the month of September 2022.

The company stated that the said order relates to Building Division.

NCC has received the order from State Government agencies and does not include any internal order.

NCC works in the infrastructure sector, completing turnkey EPC contracts as well as BOT projects through Public-Private Partnerships. TheCompany’s verticals include Building & Housing, Transportation, Water & Environment, Irrigation, Power, Electrical Metals, Oil & Gas, and International.

At around 1.30 PM, NCC was trading at Rs71.10 up by 0.78% from its previous closing of Rs70.55 on the BSE. The scrip touched intraday high and low of Rs72.50 and Rs70.80 respectively.

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