NCC Limited, a prominent infrastructure development company, announced that it has secured new contracts worth Rs. 1,236 crores (excluding GST) in August 2024. These orders are primarily focused on the irrigation division, with projects sourced from various state government agencies.
The contracts do not include any internal orders, emphasizing the external demand for NCC’s expertise in infrastructure projects. The company disclosed that the job duration for these projects is set for 30 months.
This significant achievement further solidifies NCC Limited’s position as a key player in India’s infrastructure sector, enhancing its portfolio with large-scale government projects aimed at improving water management and agricultural productivity.
Shares of NCC as of 11:24 AM today, August September 2 were up almost 3% at Rs 327.85 on the NSE. More importantly, NCC shares have surged 95% in the last one month, data shows.
