During market hours, on October 1, major companies like NCC and Welspun Corp received significant orders of up to Rs 2,500 crore. These announcements have sparked optimism in the market, boosting investor confidence and highlighting the companies’ strong positions. Check details below.
NCC
NCC received huge orders worth Rs 2,327 crores (excluding GST) in September 2024. The orders are divided among Transportation (INR 1,417 crore), Electrical (INR 520 crore) and Building (INR 390 crore) sectors. The orders came from both state government departments and private companies.
Welspun Corp
Welspun Corp received a huge order worth Rs 2,400 crore for coated HSAW pipes in the United States. The natural gas pipeline project order will be completed in fiscal years 25 and 26.
