NCC has received a Letter of Acceptance (LoA) from Hyderabad Growth Corridor Limited for a road construction project worth ₹1,286.03 crore in Telangana.
Stocks to Watch today: Reliance Industries, Adani Power, Torrent Power, NCC, Popular Vehicles and RBL Bank are among the stocks to watch today, September 1, 2025
NCC share price moved northwards after securing an order worth approximately ₹2,269 crore from Mumbai Metropolitan Region Development Authority (MMRDA).
The uptick in NCC share price came after the company announced that it received multiple orders from BSNL worth Rs 2,647.12 crore and Rs 8,157.44 crore.
The uptick in NCC share price came after the company announced that it received a letter of acceptance (LOA) of Rs 2,129.60 crore from Andhra Pradesh Capital Region Development Authority
The management has cut its revenue and margin guidance with revenue growth in FY25 now expected at 5 per cent (from 15 per cent) and margin expected at 9.25 per cent (from 9.5-10 per cent).
The NCC share price rose after the company announced that it has secured an order worth Rs 3,389.49 crore from Ken-Betwa Link Project Authority, Department of WR, RD & GR, Ministry of Jal Shakti
Revenue from operations rose 10.1% to 51.96 billion rupees. While total expenses rose 7.6% to 49.74 billion rupees, the cost of materials consumed, which forms more than a third of expenses, fell 1.2%
The industrial building construction company's net profit increased 25.2 per cent in the fourth quarter of financial year 2024 (Q4FY24) to Rs 239.2 crore
Among individual stocks, Vinay Rajani, technical & derivative analyst at HDFC Securities, recommends to Buy NCC and Sonata Software for up to 18 per cent upside.
