Shares of NCC Ltd jumped 3% to the touch a day’s excessive of Rs 215.80 on twenty seventh October after the corporate introduced that it has acquired a significant contract price Rs 6,828.94 crore (excluding GST) from Central Coalfields Restricted for coal and overburden extraction and transportation work on the Amrapali Opencast Venture (OCP) within the Chandragupt Space of Jharkhand.
In a inventory change submitting on twenty fifth October, NCC Ltd mentioned it acquired a Letter of Acceptance from Central Coalfields Restricted on twenty fourth October. The challenge is price Rs 6,828.94 crore.
The contract includes deploying heavy earth-moving equipment to take away 413.59 million cubic metres of overburden. They will even extract 233.325 million tonnes of coal and transport it to the Shivpur siding and floor stockyard. Moreover, it contains wagon loading of 139.995 million tonnes of coal at Shivpur siding underneath the Amrapali Opencast Venture in Jharkhand’s Chandragupt Space.
The challenge will probably be executed over 2,915 days, together with a 360-day growth part adopted by a 7-year manufacturing interval. NCC clarified that the order was awarded by a home entity with no related-party involvement.
In Q1 FY26, NCC reported an 8.46% year-over-year decline in consolidated web revenue to Rs 192.14 crore. This was in comparison with Rs 209.92 crore in Q1 FY25. Income from operations fell 6.3% to Rs 5,178.99 crore. The development phase contributed Rs 5,151.33 crore, down 5.52%. In the meantime, the true property phase generated Rs 27.66 crore, a 62.17% drop. EBITDA stood at Rs 456 crore, down 4.6% from Rs 478 crore in the identical interval final yr.
At 1:54 PM, shares of NCC had been buying and selling 1.94% increased at Rs 213.63 on NSE.
Unicorn Alerts leverages superior AI expertise to give you highly effective market predictions and actionable inventory scans. Obtain the app right now and 10x your buying and selling & investing journey!
