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NCC advances after multiple orders win

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Capital Market

NCC surged 6.86% to Rs 77.10 at 14:03 IST on BSE after the company announced that it has received three new orders totaling to Rs 408.30 crore in September 2018.

The announcement was made during market hours today, 3 October 2018.

Meanwhile, the S&P BSE Sensex was down 268.42 points, or 0.73% to 36,257.72

On the BSE, 7.50 lakh shares were traded in the counter so far, compared with average daily volumes of 7.36 lakh shares in the past two weeks. The stock had hit a high of Rs 78 and a low of Rs 70.35 so far during the day.

 

NCC has received three new orders totaling to Rs 408.3 crore (exclusive of GST) in September 2018. Out of this, two orders of Rs 332 crore pertain to water & environment division, one order of Rs 75.2 crore pertains to buildings division. These orders are received from state government agencies and do not include any internal orders.

NCC is engaged in the construction/project activities in the infrastructure sector.

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First Published: Oct 03 2018 | 2:05 PM IST

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