Mumbai, October 27 (Udaipur Kiran): Shares of NCC Ltd moved higher in early trade on Monday after the company announced receiving a Letter of Acceptance (LoA) worth ₹6,828.94 crore (excluding GST) from Central Coalfields Limited.
The stock was trading at ₹212.90, up ₹3.60 or 1.72%, compared to its previous close of ₹209.30 on the BSE. It opened at ₹216.45 and touched an intraday high of ₹216.45 and low of ₹212.50. Around 2.21 lakh shares were traded during the session.
A BSE Group ‘A’ stock with a face value of ₹2, NCC has recorded a 52-week high of ₹326.55 (December 6, 2024) and a 52-week low of ₹169.95 (March 3, 2025). The company’s market capitalization stands at ₹13,391.97 crore.
In terms of shareholding, promoters hold 22.11%, while institutions and non-institutions own 29.52% and 48.37%, respectively.
The newly awarded contract involves hiring of Heavy Earth Moving Machinery (HEMM) for the removal of 413.59 million cubic meters (CuM) of overburden (OB), extraction of 233.325 million tonnes (MT) of coal, and transportation to Shivpur siding and surface stockyard under different lead slabs. It also includes wagon loading of 139.995 MT of coal at Shivpur siding, located at Amrapali OCP, Chandragupt Area.
The project will be executed over a total period of 2,915 days, comprising a 360-day development phase and a 7-year production period.
NCC Ltd is a leading infrastructure and real estate development company with a strong portfolio across housing, transportation, power, water, metals, and oil & gas sectors.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
