NCC shines on securing five new orders of Rs 1898 crore in December 2021

NCC is currently trading at Rs. 72.05, up by 1.75 points or 2.49% from its previous closing of Rs. 70.30 on the BSE.

The scrip opened at Rs. 70.30 and has touched a high and low of Rs. 72.65 and Rs. 70.30 respectively. So far 314356 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 100.00 on 09-Feb-2021 and a 52 week low of Rs. 56.80 on 22-Jan-2021.

Last one week high and low of the scrip stood at Rs. 72.65 and Rs. 67.50 respectively. The current market cap of the company is Rs. 4393.94 crore.

The promoters holding in the company stood at 19.68%, while Institutions and Non-Institutions held 24.78% and 55.54% respectively.

NCC has received five new orders totaling to Rs 1898 crore (exclusive of GST) in the month of December, 2021. Out of this, three orders of Rs 988 crore pertain to Building Division and balance two orders of Rs 910 crore pertain to Water Division. These orders are received from State Government agencies and do not include any internal orders.

Earlier, in the month of November, the company had received three new orders totaling to Rs 2167 crore (exclusive of 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.

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