NCC shines on bagging new orders worth Rs 2088 crore in May
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NCC is currently trading at Rs. 123.50, up by 4.20 points or 3.52% from its previous closing of Rs. 119.30 on the BSE.
The scrip opened at Rs. 119.45 and has touched a high and low of Rs. 123.85 and Rs. 119.20 respectively. So far 892158 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 126.85 on 03-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. 123.85 and Rs. 112.90 respectively. The current market cap of the company is Rs. 7744.49 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 new orders aggregating Rs 2088 crore (Excluding GST) in the month of May 2023. Out of which Building Division has signed the agreements for the orders amounting Rs 1668 crore and Water Division secured order for Rs 420 crore. These orders are 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.
