NCC shares rise 5% on ₹1,076 cr order win
after close1 source ↓written by the desknot a recommendation
- NCC Ltd surged
- 5.37%
- following the announcement
- ₹137.30
- project win
- ₹1,076.71 cr
- execution period
- 24-month
- market cap
- ₹8,416 cr
Shares of NCC Ltd surged 5.37% to ₹137.30 following the announcement of a ₹1,076.71 cr project win in Andhra Pradesh. The order, from the Rural Water Supply and Sanitation Department, involves providing drinking water supply under a multi-village scheme over a 24-month execution period.
This order win is expected to enhance NCC's revenue stream and boost investor sentiment, contributing to a market cap of ₹8,416 cr.
Not investment advice. For informational purposes only.