Shares of NCC Ltd were trading in the green and 2% higher on Wednesday, 1 January, after the company announced securing an order worth Rs 350 crore. 

The share price of NCC increased when the business said that it had an order in December 2024 for Rs 349.70 crore (without GST). NCC claims that the order pertaining to the Building Division was obtained from a private entity.

In an exchange filing, the company said, “NCC Limited has received an order valuing Rs 349.70 crores (excluding GST) in the month of December 2024. The order is related to the Building Division and is received from a Private Company and does not include any internal order.”
 
The company added that the order has to be completed in a period of 32 months. 

Established in 1978, NCC Limited specialises in construct, operate, and transfer (BOT) projects utilising PPP concepts as well as turnkey engineering, procurement, and decommissioning (EPC) contracts. 
 
The company works in a wide range of industries, including building projects, railroads, metals, mining, irrigation, water and environmental services, electrical work, and road construction. 

Additionally, NCC has substantial assets in real estate, energy, and transportation projects through its 82.1% ownership of NCC Urban Infrastructure and its 62.1% ownership of NCC Infrastructure Assets Limited. 

To expand its footprint in the Middle East, the company has subsidiaries in Dubai and Muscat. 
 
At 1:17 pm, the shares of NCC were trading 0.62% higher at Rs 275.60 on NSE.

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