Rs 52,626 Crore Order Book: Rekha Rakesh Jhunjhunwala-Backed Construction Company Bagged Order Worth Rs 3,496 Crore in October, Stock Gains Over 120 Per cent in Just 1 Year!
The company’s shares have delivered an impressive return of over 320 per cent in the past 2 years.
NCC Limited specializes in executing turnkey EPC contracts and BOT projects under Public-Private Partnership arrangements. The company engages in a wide spectrum of construction activities including roads, buildings, irrigation, water management, environmental projects, electrical works, metals, mining, and railways.
In October 2024, NCC Limited secured orders totalling Rs 3,496 crore (excluding GST). Of this amount, Rs 2,694 crores are attributed to the Building Division, Rs 538 crores to the Electrical Division, and Rs 274 crores to the Water and Other Divisions. These orders were awarded by state and central government agencies as well as private limited companies, and do not include any internal orders.
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On Friday, NCC Limited’s shares closed at Rs 312.50 per share. The company’s current market capitalization stands at Rs 19,620 crore. The stock has delivered a multibagger return of over 120 per cent in just 1 year.
As per the Quarterly Results, in the first quarter of FY25, NCC Limited recorded a revenue of Rs 5528 crore. The operating profit for the period stood at Rs 478 crore. The net profit for the quarter was Rs 223 crore compared to Rs 184 crore. Looking at the annual performance, the company generated a revenue of Rs 20845 crore in FY24, compared to Rs 15553 crore in FY23. The operating profit for FY24 was Rs 1769 crore, with a net profit of Rs 740 crore.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.