NCC Shares Rally 5.8% on Opening With New Order Win as Was Posted in Wownews24x7 on March 25, 2025, 17:51

NCC Ltd's shares surged 5.8% in opening trade, riding high on recent major contract wins. The construction heavyweight secured a Rs 1,480 crore order from Bihar Medical Services for redeveloping Darbhanga Medical College and Hospital. This follows a Rs 2,129 crore project from Andhra Pradesh Capital Region Development Authority announced last week. Despite a 25% decline in 2025, investor confidence is rebounding due to these significant deals. NCC's robust order book, standing at Rs 555.5 billion as of December 2024, signals strong growth potential. The company's strategic focus on large-scale projects is paying off, with the market responding positively to its expanding portfolio.

 

Source: Business Standard, CNBC TV18