NCC rises on bagging 6 new orders worth Rs 3344 crore in April
NCC is currently trading at Rs. 121.70, up by 2.05 points or 1.71% from its previous closing of Rs. 119.65 on the BSE.
The scrip opened at Rs. 119.80 and has touched a high and low of Rs. 123.20 and Rs. 119.80 respectively. So far 149509 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 123.20 on 2-May-2023 and a 52 week low of Rs. 51.00 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 123.20 and Rs. 113.40 respectively. The current market cap of the company is Rs. 7659.73 crore.
The promoters holding in the company stood at 22.00%, while Institutions and Non-Institutions held 32.83% and 45.17% respectively.
NCC has received 6 new orders aggregating Rs 3344 crore (excluding GST) in the month of April 2023. Out of these orders, three orders valuing Rs 2506 crore relating to Buildings Division, two orders valuing Rs 538 crore relating to Electrical Division, one order valuing Rs 300 crore relating to water Division. These orders ore received from State & Central 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.