NCC zooms on bagging three orders worth Rs 4205.94 crore in September
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
NCC is currently trading at Rs. 159.85, up by 4.75 points or 3.06% from its previous closing of Rs. 155.10 on the BSE.
The scrip opened at Rs. 155.30 and has touched a high and low of Rs. 161.30 and Rs. 155.30 respectively. So far 398354 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 176.95 on 01-Sep-2023 and a 52 week low of Rs. 67.65 on 30-Sep-2022.
Last one week high and low of the scrip stood at Rs. 164.00 and Rs. 148.05 respectively. The current market cap of the company is Rs. 9995.32 crore.
The promoters holding in the company stood at 22.00%, while Institutions and Non-Institutions held 34.75% and 43.25% respectively.
NCC has received three orders worth Rs 4205.94 crore (Excluding GST) in the month of September 2023. Out of them, one order of Rs 819.20 crore is related to Water Division, another order of Rs 173.19 crore is related to Electrical Division and third order of Rs 3213.55 crore is related to Transportation Division.
The order valuing Rs 3213.55 crore is the share of NCC (51%) out of Rs 6301.08 crore order received by J.Kumar-NCC Joint Venture from Brihanmumbai Municipal Corporation. These orders are received from State and Central government agencies and do 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.
