NCC surges on receiving LoA worth Rs 2129.60 crore
NCC is currently trading at Rs. 204.30, up by 7.35 points or 3.73% from its previous closing of Rs. 196.95 on the BSE.
The scrip opened at Rs. 207.95 and has touched a high and low of Rs. 208.65 and Rs. 201.55 respectively. So far 879030 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 364.50 on 31-Jul-2024 and a 52 week low of Rs. 169.95 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 208.65 and Rs. 183.65 respectively. The current market cap of the company is Rs. 12795.51 crore.
The promoters holding in the company stood at 22.02%, while Institutions and Non-Institutions held 32.30% and 45.68% respectively.
NCC has received Letter of Acceptance (LoA) from Andhra Pradesh Capital Region Development Authority for construction of roads, drains, water supply, sewage, utility ducts for power and ICT, reuse waterline and avenue plantation etc. at Zone-12 villages area in Amaravati Capital City, Andhra Pradesh. The total price for the contract shall be Rs 2129.60 crore (excluding GST).
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.
