NCC surges on bagging four orders worth Rs 1645 crore in July
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NCC is currently trading at Rs. 61.70, up by 0.15 points or 0.24% from its previous closing of Rs. 61.55 on the BSE.
The scrip opened at Rs. 62.45 and has touched a high and low of Rs. 62.45 and Rs. 60.45 respectively. So far 60820 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 90.40 on 05-Aug-2021 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. 62.45 and Rs. 55.60 respectively. The current market cap of the company is Rs. 3845.56 crore.
The promoters holding in the company stood at 21.99%, while Institutions and Non-Institutions held 20.83% and 57.18% respectively.
NCC has received four orders aggregating to Rs 1645 crore (exclusive of GST) in the month of July 2022. Out of 4 orders, one order of Rs 945 crore pertains to Building Division, two orders aggregating to Rs 619 crore pertains to Water & Environment Division and the balance order of Rs 81 crore pertains to Electrical Division. These orders are received from Central / 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.
