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NCC rises on bagging two orders worth Rs 1476.01 crore in February
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NCC is currently trading at Rs. 251.45, up by 4.30 points or 1.74% from its previous closing of Rs. 247.15 on the BSE.
The scrip opened at Rs. 248.50 and has touched a high and low of Rs. 255.65 and Rs. 245.05 respectively. So far 277921 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 267.45 on 27-Feb-2024 and a 52 week low of Rs. 89.10 on 01-Mar-2023.
Last one week high and low of the scrip stood at Rs. 267.45 and Rs. 241.05 respectively. The current market cap of the company is Rs. 15765.23 crore.
The promoters holding in the company stood at 22.00%, while Institutions and Non-Institutions held 34.41% and 43.59% respectively.
NCC has received two new orders worth Rs 1476.01 crore (Excluding GST) in the month of February 2024. Out of them, one order of Rs 1303.70 is related to Transportation Division (The order valuing Rs 1303.70 crore is the share of NCC (50%) out of Rs 2607.39 crore order received by J.Kumar -NCC Joint Venture) another of Rs 172.31 crore is related to Building Division. The 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.
