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NCC jumps 5%, hovers near 52-week high on winning Rs 8,980 cr orders in Dec

The firm has won 15 new orders from central and state government agencies in the month of December

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Earlier in December, Rakesh Jhunjhunwala, his wife and group companies increased stake in the firm to 13.7 per cent

SI Reporter New Delhi
Shares of NCC Limited rose 5 per cent on the BSE on Friday after the firm said it has received orders worth Rs 8,980 crore during the month of December. 

The scrip rose as much as 4.85 per cent to intraday high of Rs 60.45. It was trading close to its 52-week high level of Rs 61, scaled on January 16, 2020. 

The Hyderabad-based contstruction firm in a BSE filing, on Friday, said that it has won 15 new orders, totaling to Rs 8,980 crore, in the month of December. These orders are received from central and state government agencies