| Company | Value | Change | %Change |
|---|
The company said it received the order from a private company and it is related to the building division and does not include any internal order.
Without mentioning any more details, the company said the project is to be completed in 32 months.
Last week, NCC’s Head-Strategy Neerad Sharma confirmed the company’s robust progress toward its 2024-25 (FY25) order inflow target of ₹20,000-22,000 crore.
“At the start of this financial year, we set a target in this range, and we have already achieved about 55-60% of the lower band,” Sharma said, expressing confidence in meeting the goal shared with stakeholders. The company also received the letter of acceptance (LoA) on November 28 from the Ken-Betwa Link Project Authority.
NCC has secured a ₹3,389.49 crore Engineering, Procurement, and Construction (EPC) contract for the Daudhan Dam under the Ken-Betwa link project. The domestic project, to be completed within 72 months, excludes goods and services tax (GST).
NCC Ltd shares ended 1.44% higher at ₹274.2 apiece on Tuesday, December 31. The stock has gained 64.64% in the past year.
Also Read: IREDA Q3 Update: Loans sanctioned more than double from last year, book size near ₹70,000 crore
