NCC shares jumped 2.10% to Rs 325.75 after getting an order worth Rs 1236 Cr from government agencies in August. These orders are mostly for the irrigation division, with projects coming from various state government agencies.
The contracts contain no internal orders, highlighting NCC’s expertise in infrastructure projects. The corporation reported that the job duration for these projects is fixed at 30 months.
This remarkable accomplishment enhances NCC Limited’s portfolio with large-scale government projects targeted at increasing agricultural production and water management, further solidifying the company’s position as a major participant in India’s infrastructure market.
Stock Performance
– Open: ₹322.50
– High: ₹328.00
– Low: ₹320.30
As of 11:39 am, NCC shares were trading 2.62% higher at Rs 327.40 on the NSE.
