NCC rises on bagging 3 orders worth Rs 6388 crore in May
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NCC is currently trading at Rs. 65.30, up by 0.80 points or 1.24% from its previous closing of Rs. 64.50 on the BSE.
The scrip opened at Rs. 64.45 and has touched a high and low of Rs. 65.80 and Rs. 64.45 respectively. So far 74443 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 98.45 on 12-Jul-2021 and a 52 week low of Rs. 55.80 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 66.05 and Rs. 58.80 respectively. The current market cap of the company is Rs. 3982.30 crore.
The promoters holding in the company stood at 19.68%, while Institutions and Non-Institutions held 21.14% and 59.18% respectively.
NCC has received 3 orders aggregating Rs 6388 crore (exclusive of GST) in the month of May, 2022. All these orders received under Buildings Division. Out of the 3 orders, one big order Rs 5688 crore received from Brihanmumbai Municipal Corporation for Design, Build, Operation & Maintenance of Malad Wastewater Treatment Facility under MSDP Stage-II. This work comprises Rs 3833 Crore towards Design, Build in a period of 6 years and Rs 1855 crore towards Operation & Maintenance for a period 15 years from the date of completion of the work. Rest of the 2 orders received from State Government Agencies and does not include any internal orders.
NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.
