Niraj Cement Structurals Ltd (NCSL) has secured a major order worth ₹505 million. Awarded by the National Highways Authority of India, the project involves constructing key road infrastructure in Odisha. This win strengthens NCSL’s portfolio, boosts investor confidence, and highlights momentum in India’s infrastructure development sector.
Niraj Cement Structurals Ltd (NCSL) announced that it has received a significant order valued at ₹505 million (₹50.5 crore). The contract, awarded by the National Highways Authority of India (NHAI), covers the construction of five vehicular underpasses and one flyover along NH-16 in Odisha.
This project is part of India’s broader push to improve highway connectivity and reduce traffic congestion. For NCSL, the order reinforces its reputation as a capable EPC (Engineering, Procurement, and Construction) contractor and adds to its growing portfolio of infrastructure projects.
Key Highlights
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Order Value: ₹505 million (₹50.5 crore)
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Awarding Authority: National Highways Authority of India (NHAI)
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Scope of Work: Five vehicular underpasses and one flyover on NH-16 in Odisha
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Execution Mode: EPC (Engineering, Procurement, and Construction)
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Strategic Impact: Strengthens NCSL’s project portfolio and credibility in road infrastructure
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Market Reaction: Shares of NCSL showed positive momentum after the announcement
Sources: Alice Blue Online, Infomerics Ratings Report