This multinational infrastructure company received orders worth Rs 3,601 crore

Shares of this company have jumped more than 50 per cent in the last 6 months.

On January 2, 2023, NCC Limited in the exchange filling informed that it has received 5 new orders of Rs 3,601 crore in December 2022. Two orders are for the water division project which is Rs 1871 crore, two orders are for the electrical division of the company which is worth Rs 993 crore, and the last order is for the irrigation division which is worth Rs 738 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 83.70, with a high and low of Rs 91.40 and Rs 83.70. The stock previously closed at Rs 84.10. The stock is currently trading at Rs 91.00, up by 8.20 per cent.  

In the last six months, the shares of the company have given more than 50 per cent returns and in the last one month, it has given about 14 per cent returns. 

The stock has a 52-week high of Rs 96.90 and a 52-week low of Rs 51.00. The company has a ROCE of 12.9 per cent and an ROE of 6.7 per cent with a market capitalisation of Rs 5,713.40 crore.