This multinational infrastructure company received orders worth Rs 2,374 crore

Shares of this company have jumped more than 25 per cent in the last 6 months.

On March 1, 2023, NCC Limited in the exchange filling informed that it has received 3 new orders of Rs 2,374 crore in February 2023. Out of these orders, one order worth Rs 1224 crore is related to the transportation division, one order is for the water and environment division of the company which is worth Rs 830 crore, and the last order is for the mining division which is worth Rs 320 crore. All the orders are from various state government agencies.

 NCC Limited is engaged in the business of civil construction in segments such as buildings, water, roads, irrigation, power, electrical, railways, metals, and mining. The company offers services that cut across multiple divisions to address various facets of infrastructure needs.

Today, the stock opened at Rs 89.10, with a high and low of Rs 91.49 and Rs 89.10. The stock previously closed at Rs 89.10. It is currently trading at Rs 90.98, up by 2.11 per cent.  

 In the last six months, the shares of the company have given more than 25 per cent returns and in the last one month, it has given about 1.4 per cent returns. 

 The stock has a 52-week high of Rs 96.90 and a 52-week low of Rs 51. The company has a ROCE of 12.9 per cent and an ROE of 6.7 per cent with a market capitalisation of Rs 5,712.15 crore.