Shares of NCC Ltd. jumped 3% after the company secured a significant contract from Bihar Medical Services & Infrastructure Corporation Limited (BMSICL).
The company received a Letter of Acceptance on March 21, 2025, for the redevelopment of Darbhanga Medical College & Hospital (DMCH) at Laheriasarai, Darbhanga.
The project involves the comprehensive redevelopment of the medical college, hospital, and associated infrastructure within the existing DMCH campus. The contract, valued at Rs. 1,480.34 crore (excluding GST), is a major addition to NCC’s order book. The construction phase is expected to be completed within 42 months, followed by a defect liability period (DLP) of 36 months.
NCC Ltd shares opened at ₹210.80 on Monday, reaching a high of ₹211.84 and a low of ₹210.05 during the session. The stock’s 52-week range stands between ₹170.05 and ₹364.50, reflecting significant volatility.
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