Hot Pursuit     01-Jun-23
NCC climbs on securing Rs 2088 crore in new orders in May
NCC rose 3.10% to Rs 123 after the company announced that it had secured new orders worth Rs 2088 crore in May 2023.
Of the total orders, Rs 1668 crore were awarded to the Building Division, while Rs 420 crore were awarded to the Water Division.

The orders were received from various state government agencies and do not include any internal orders.

Hyderabad-based NCC is a construction company, engaged in the construction of roads, buildings, irrigation, water and environment, electrical, metals, mining and railways.

On a consolidated basis, net profit of NCC declined 21.17% to Rs 190.86 crore on 42.32% increase in net sales to Rs 4949.03 crore in Q4 March 2023 over Q4 March 2022.

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