NCC wins ₹1,286 crore Hyderabad radial road order

NCC Limited received a Letter of Acceptance from Hyderabad Growth Corridor Limited for a ₹1,286.03 cr order to construct Radial Road-2 in Hyderabad. The project covers Package 1, running from Budwel to Shabad, as part of the road connecting the Outer Ring Road near Budwel to Nacharam on NH-167N. The execution period is 18 months. 🏗️

The award adds to the company’s infrastructure order visibility and supports Hyderabad’s regional road-development programme. The contract involves a defined construction package rather than completed revenue, so mobilisation, billing, execution progress and cash conversion will determine how the order contributes to operating performance. The project also keeps roads and urban connectivity in focus for the infrastructure sector.

OI Charts data for 12 Oct 2026 showed the stock closing at ₹123.38, down 1.3% on the day, with volume of 1,423,053 shares. The stock had declined 4.2% over five sessions and 13.8% over 20 sessions, while trading close to its 52-week low of ₹119.01 recorded on 8 Oct 2026. Its 52-week high was ₹217.25 on 3 Nov 2025. 📉

Traders will watch whether the order announcement is followed by a sustained price response, alongside disclosures on project commencement, execution progress and subsequent revenue recognition. The 18-month schedule makes timely mobilisation and construction progress important operating markers. Further order wins, project awards and updates on the broader order book will provide context for assessing whether this contract changes near-term earnings visibility for the company and the wider infrastructure sector. ⚙️

Source: BigInfo.in, 12 Oct 2026

Not investment advice. For informational purposes only.