Shares of NCC Ltd rose 2% to a day’s excessive of Rs 222.31 on sixteenth September after the corporate introduced it had acquired a Letter of Acceptance from the Water Sources Division of Bihar for developing the Barnar Reservoir Scheme in Jamui district.
NCC Ltd has gained a Rs 2,090.5 crore contract (excluding GST) to construct the Barnar Reservoir Scheme in Jamui, Bihar. The mission contains the reservoir, dam buildings, irrigation channels, and associated works. It should take 30 months to finish, with a 60-month defect legal responsibility interval.
This win provides to NCC’s latest huge orders. In June, it secured Rs 1,690.5 crore in constructing tasks from state businesses and a personal agency, and a Rs 2,269 crore contract from the MMRDA for Mumbai Metro Line 6 work.
Nonetheless, the June quarter confirmed some stress. NCC’s Q1FY26 internet revenue fell 8.4% to Rs 192.1 crore, whereas income slipped 6.3% to Rs 5,179 crore.
At 12:56 PM, the shares of NCC have been buying and selling 1.96% larger at Rs 216.25 on NSE.
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