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Infra stock jumps 6% after receiving order worth ₹2,129.60 Cr from AP Capital Region Development Authority

Infra stock bagged a ₹2,129.60 crore order from Andhra Pradesh Capital Region Development Authority for roads, drains, sewage, and utility ducts, boosting its urban infrastructure portfolio.
Infra stock bagged ₹2,129.60 crore Andhra Pradesh order, boosting infrastructure portfolio.
Infra stock bagged ₹2,129.60 crore Andhra Pradesh order, boosting infrastructure portfolio.

Introduction:

Infra stock received a major domestic order worth ₹2,129.60 crore from Andhra Pradesh Capital Region Development Authority for developing roads, drains, sewage, water supply, and utility ducts in Amaravati Capital City, strengthening its urban infrastructure project portfolio.

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Share Price movement of NCC:

On March 20, 2025, NCC Limited opened at ₹205.00, reaching a high of ₹208.60, up 6% from its previous close of ₹196.73, with a low of ₹201.65. The stock is currently trading at ₹205.34, with a market cap of ₹12,892.20 Crores.

NCC share received new order:

NCC Limited secured a significant order worth ₹2,129.60 crore from Andhra Pradesh Capital Region Development Authority. The project involves constructing roads, drains, water supply, sewage systems, utility ducts, and avenue plantation in Zone-12 villages of Amaravati Capital City.

The contract is based on a lumpsum percentage tender and is classified as a major order. Execution will be completed within three years, followed by a two-year defect liability period. The project strengthens NCC’s infrastructure portfolio with no promoter or related party involvement.

This large-scale domestic order highlights NCC Limited’s expertise in urban infrastructure development. The company officially disclosed the project under SEBI regulations, reflecting its continued growth in securing major government contracts across India’s key development regions.

Also Read: Smallcap stock jumps after announcing 1:1 bonus issue

Ace investor holding of NCC:

Rekha Jhunjhunwala holds a significant 12.48% stake in NCC Ltd., owning 78,333,266 shares. Her holding value stands at ₹1,609.4 Crores, reflecting strong confidence in the company’s growth potential within the infrastructure and construction sector.

Stock performance of NCC for Period of 1 week, 6 months and 1 year:

NCC stock gained 5.85% over the past week, showing a short-term positive trend. However, it witnessed a sharp decline of 37.5% in the last six months. Over the one-year period, the stock delivered a negative return of 9.78%, reflecting weak performance.

Also Read: Defence stock jumps 4% after receiving export order worth ₹18.9 Cr for supply of defence explosives

Shareholding pattern of NCC:

All values in %Dec-24Sep-24Jun-24
Promoters22.022222
FII18.1320.8623.65
DII14.1712.3411.4
Retail & others45.6844.7842.96
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About NCC:

NCC Limited (NSE: NCC) is a leading construction and infrastructure company in India, engaged in projects across roads, buildings, water, irrigation, power, and railways. It undertakes large-scale government and private sector projects, contributing significantly to the country’s infrastructure development.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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