NCC surges on securing orders worth Rs 335 crore in June 2024
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NCC is currently trading at Rs. 321.05, up by 4.75 points or 1.50% from its previous closing of Rs. 316.30 on the BSE.
The scrip opened at Rs. 316.15 and has touched a high and low of Rs. 322.00 and Rs. 315.75 respectively. So far 98894 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 337.80 on 25-Jun-2024 and a 52 week low of Rs. 120.05 on 30-Jun-2023.
Last one week high and low of the scrip stood at Rs. 337.80 and Rs. 315.00 respectively. The current market cap of the company is Rs. 20131.90 crore.
The promoters holding in the company stood at 22.00%, while Institutions and Non-Institutions held 37.97% and 40.03% respectively.
NCC has received orders valuing Rs 335 crore (Excluding GST) in the month of June 2024. The orders are related to Building Division. These orders are received from Private Limited Company and do not include any internal orders.
The company had received new orders worth Rs 3,086 crore (Excluding GST) in the month of March 2024. Out of them, Rs 1,589 crore relates to Electrical division, Rs 1,330 crore relates to Transportation Division and Rs 167 crore relates to Building Division.
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.
