NCC shares rallied 4% on 3 October after the company announced it received three orders worth Rs 4,205.94 crore in September. 

All three orders are from state and union government agencies. 

1. Rs 819.2 crore order for the water division. 
2. Rs 173.19 crore order for the electrical division. 
3. Rs 3,213.55 crore share of NCC for the transport division. 

A transport order was given by Mumbai’s BMC (Brihanmumbai Municipal Corporation) to the JV between NCC and J Kumar; the transport order is valued at Rs 6,301.08 crore. The sharing ratio between the joint venture (JV) parties is NCC 51% and J Kumar 49%. 

The said transport order is for the design, construction, and operation of a twin tunnel from Film City Goregaon to Mulund, which will include a box tunnel at Film City. The order also entails electrical, mechanical, and associated work and is for a duration of 5 years, with operation and maintenance for 10 years. 

As of 30 June, promoters hold a 22% stake in the company, whereas DII’s (domestic institutional investors hold 12.3 % and FII’s (foreign institutional investors) hold a 22.5% stake in the company.  

At 3:30 pm, the shares of NCC closed at Rs 160.90 or 3.77% above its previous close on NSE.