Hot Pursuit     31-May-22
NCC jumps after winning orders
NCC rose 3.83% to Rs 65 after the company said its buildings division received three orders totaling Rs 6388 crore in May 2022.
The company secured a Rs 5688-crore order from Brihanmumbai Municipal Corporation for design, build, operation and maintenance of Malad wastewater treatment facility under Mumbai Sewage Disposal Project (MSDP) Stage-II.

The other two orders were received from State Government agencies and does not include any internal orders, NCC said in a statement today, 31 May 2022.

NCC undertakes construction projects in the infrastructure sector. On a consolidated basis, NCC's net profit surged 107.25% to Rs 242.13 crore on 23.46% rise in net sales to Rs 3477.35 crore in Q4 March 2022 over Q4 March 2021.

The current market capitalisation of NCC stands at Rs 3,964 crore.

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 ( Hot Pursuit - 01-Jun-23   13:35 )
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