Money Daily

NCC Receives LoA Worth Rs 1480.34 Cr From BMSICL, Shares Rallied 10.72%

Kotak Mahindra Recommends Rs 2.50/Sh Dividend, Shares To Be In Focus

NCC share price likely to react today on Bombay Stock Exchange after the company received a order from Bihar Medical Services & Infrastructure Corporation Limited (BMSICL) worth Rs 1480.34 crore. The stock witnessed gain of 10.72% in last 1-week when Sensex delivered returns of 4.17% and BSE Industrials 7.73%. However, the stock plunged 25.73% year-to-date (YTD). The companyโ€™s market cap stood at Rs 12,936.78 crore. Its return on equity (ROE) is 10.44%. Check details below pertaining to the order and shares performance over the years:

NCC Gets Order From BMSICL

According to the regulatory filing of NCC dated March 22, 2025, โ€œPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that, today the Company has received Letter of Acceptance dated 21st March 2025 from Bihar Medical Services & Infrastructure Corporation Limited for Redevelopment of Darbhanga Medical College & Hospital at Laheriasarai, Darbhanga.โ€

NCC Receives LoA Worth Rs 1480.34 Cr From BMSICL, Shares Rally 10.72%

The time period by which the company needs to complete the order 42 months (construction) and 36 months (DLP). The total value of the order is worth Rs 1480.34 crore.

Earlier on March 19, 2025, the company obtained an LoA from Andhra Pradesh Capital Region Development Authority for construction of roads, drains, water supply, sewage, utility ducts for power and ICT, reuse waterline and avenue plantation etc. at Zone-12 villages area in Amaravati Capital City, Andhra Pradesh. The broad consideration or size of the order was Rs 2129.60 crore. The time period of the order is 3-years for construction and 2 years for DLP.

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 surged 10.25% in last 1-month, fell 28.27% in last 3-months, and offered over 96% in last 2-years. The stock soared 233.95% in last 3-years and gained 832.35% in last 5-years.

NCC Financials Compared With Peers

It declared its profit after tax (PAT) at Rs 185.40 crore. Meanwhile, its peers, 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, NCCโ€™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.ย  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: Solarium Green Wins NTPC Order, Shares To Be In Spotlight On Monday

 

Leave a Reply

Your email address will not be published. Required fields are marked *