NCC share price likely to react tomorrow after the company bagged major Rs 10,804.56 crore from Bharat Sanchar Nigam Limited (BSNL) today after market hours. NCC shares settled 2.25% on Bombay Stock Exchange (BSE) to Rs 204.45 crore. The company has a market capitalisation of Rs 12,836.32 crore. The company’s return on equity (ROE) stood at 10.44%. Meanwhile, Nagarjuna Construction share price dropped 43.91% from 52-week high price of Rs 364.50 apiece.
NCC Bags Major Order From BSNL
According to the exchange filing of NCC issued as on March 25, 2025, “We are pleased to inform that, the Company has received 2 (Two) Advance Work Orders dated 25th March 2025 from Bharat Sanchar Nigam Limited (BSNL) for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance of middle mile network of BharatNet, in Uttarakhand Telecom Circle (against Package No.- 05) and Madhya Pradesh, DNH & DD Telecom Circles (against Package No.- 01).”
The two orders are worth Rs. 2647.12 crores and Rs 8157.44 crores. The time period by which the order needs to be completed is 3 years (construction) and 10 months (maintenance). Earlier on March 22, 2025 the company received an order worth Rs 1480.34 crore from Bihar Medical Services & Infrastructure Corporation Limited (BMSICL).
Why NCC Shares Dropped Steeply From Peak
Several factors led to decline in the shares of the company. NCC reported on Feb 7, 2025 a fall of 12.5% year-on-year (YoY) in its net profit to Rs 193.2 crore for the 3rd quarter ended December 2024. The Rekha Jhunjhunwala’s portfolio stock announced its net profit at Rs 220.7 crore for the corresponding quarter of last year. Its revenue from operations soared marginally by 1.6% to Rs 5,344.5 crore as compared to Rs 5,260 crore reported in the similar quarter of last year. Its EBITDA margin came at 7.9% for the Dec 2024 quarter as against 9.6% in the similar quarter of last year. EPS also declined to 3.08 for the quarter under review from Rs 3.51 in the similar quarter of last year.
The other factor that caused decline in shares was postponement in projects approvals coupled with execution issues in some states. Sluggish project execution and stretched billing cycles led to increased costs and it ultimately weighed down entire margins.
Meanwhile, the latest quarterly results compelled management of NCC to lower its entire-year revenue guidance. Previously, NCC anticipated 15% revenue growth for FY25 but it has been reportedly revised to just 5%.
NCC Shares Performance
The 52-week high of NCC share price on BSE is Rs 364.50 per share (as on 31/07/2024) and 52-week low price is Rs 169.95 per share (as on 03/03/2025), respectively. NCC shares witnessed surge of 6.90% in last 1-week, gained over 12% in last 1-month, and slipped 13.68% in last 1-year. However, in last 2-years, NCC shares offered multibagger returns of 100.30% and rose 237.38% in last 3-years. In last 5-years, NCC shares zoomed 1020.27 crore.
NCC Financials Compared With Peers
NCC reported profit after tax (PAT) at Rs 185.40 crore. On the other hand, LT, KEC, and RVNL reported the profit at tax (PAT) at Rs 2419.38 crore, 72.89 crore, and 294.99 crore, respectively.
NCC Limited Dividend History
The company offered a total of 23 dividends since 2003. In last 1-year, NCC declared an equity dividend worth Rs 2.20 per share. At the last trading price of Rs 206.05, NCC’s dividend yield stood at 1.09%, according to Trendlyne.
NCC Bonus Share History
The company bonus shares once since 2006 in the proportion of 1:1 with ex-bonus date fixed as September 2006.
NCC Stock Split History
It split/sub-divided face value of its shares once since 2005. NCC split the face value of its shares from Rs 10 to Rs 2 in 2005. The shares traded ex-split on August 24, 2005, according to Trendlyne.
Disclaimer: The story highlights order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
Recommended: KPI Green Energy’s Subsidiary Wins 13.80 MW Orders, Shares Still In Red
Leave a Reply