NCC surges on bagging new orders for Rs 1056 crore in October
NCC is currently trading at Rs. 74.75, up by 0.95 points or 1.29% from its previous closing of Rs. 74.60 on the BSE.
The scrip opened at Rs. 74.80 and has touched a high and low of Rs. 75.00 and Rs. 74.25 respectively. So far 145055 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.85 on 09-Nov-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. 75.50 and Rs. 72.85 respectively. The current market cap of the company is Rs. 4683.74 crore.
The promoters holding in the company stood at 21.99%, while Institutions and Non-Institutions held 25.90% and 52.11% respectively.
NCC has received two new orders for Rs 1056 crore (exclusive of GST) in the month of October 2022. All these orders pertain to Water & Environment Division and is received from State Government agencies and does not include any internal order.
Earlier, NCC had received a new order for Rs 393 crore (exclusive of GST) in the month of September 2022.
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.