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NCC gains on bagging two orders worth Rs 503.80 crore in July

NCC is currently trading at Rs. 71.25, up by 0.55 points or 0.77% from its previous closing of Rs. 71.70 on the BSE.

The scrip opened at Rs. 73.75 and has touched a high and low of Rs. 73.75 and Rs. 71.00 respectively. So far 68315 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 119.15 on 27-May-2019 and a 52 week low of Rs. 63.10 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 75.30 and Rs. 68.50 respectively. The current market cap of the company is Rs. 4306.64 crore.

The promoters holding in the company stood at 18.12%, while Institutions and Non-Institutions held 49.33% and 32.55% respectively.

NCC has received two new orders totaling to Rs 503.80 crore (exclusive of GST) in the month of July, 2019. Out of this one order of Rs 201.79 crore pertains to Railway Division and second order of Rs 302.01 crore pertains to Building Division. These orders are received from central/ State Government agencies and do not include any internal orders.

NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.

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