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Rekha Jhunjhunwala stock jumps 7% after receiving order worth ₹10,805 Cr from BSNL

Prominent infrastructure company secured ₹10,805 crore BSNL orders for BharatNet, covering design, construction, and maintenance of telecom networks in Uttarakhand, Madhya Pradesh, DNH, and DD.
Rekha Jhunjhunwala stock surges 7% as BSNL awards ₹10,805 Cr order, boosting investor confidence.
Rekha Jhunjhunwala stock surges 7% as BSNL awards ₹10,805 Cr order, boosting investor confidence.

Introduction:

Leading infrastructure company has secured two major orders worth ₹10,805 crore from BSNL for BharatNet. The contracts involve designing, constructing, and maintaining the middle-mile network in Uttarakhand, Madhya Pradesh, DNH, and DD telecom circles.

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Also Read: Delhi Budget 2025: Important points from this year’s ₹1 Lakh Cr budget

Share price movement of NCC:

On March 26, 2025, NCC Ltd. opened at ₹215.20, up 5.26% from its previous close of ₹204.45. The stock reached a high of ₹217.55 (6.41%) and a low of ₹212.05. By 09:53 AM, it traded at ₹214.35, a 4.84% increase, with a market cap of ₹13,457.89 crore.

NCC Limited Secures ₹10,805 Crore Orders from BSNL:

NCC Limited has received two major orders from BSNL worth ₹10,805 crore under BharatNet. The contracts involve designing, constructing, and maintaining the middle-mile network in Uttarakhand, Madhya Pradesh, DNH, and DD telecom circles.

The Uttarakhand contract is valued at ₹2,647.12 crore, while the Madhya Pradesh, DNH & DD contract stands at ₹8,157.44 crore. The projects include a three-year construction period and ten years of maintenance, enhancing India’s telecom infrastructure.

Recent news on NCC:

As of March 03, 2025, NCC Ltd. secured a ₹218.82 crore order from the state government for a transportation project. The contract, under its transportation division, is scheduled for completion within 36 months.

Ace investor holding in NCC:

Rekha Jhunjhunwala

Rekha Jhunjhunwala holds 78,333,266 shares, representing a 12.48% stake in NCC Ltd., with a total valuation of ₹1,693.6 crore, reflecting strong investor confidence in the company’s growth.

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

NCC Ltd. delivered a 4.07% return over the past week, but declined by 32.3% in the past six months. The stock has dropped 16.0% over the past year.

Also Read: Delhi budget 2025: Water management stocks to benefit after Delhi Govt allocates ₹500 Cr for mega Yamuna cleanup

Shareholding pattern of NCC:

ParticularsDec 2024Sep 2024Jun 2024
Promoter22.00%22.00%22.00%
FII18.10%20.90%23.70%
DII14.20%12.30%11.40%
Public45.70%44.80%43%
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About NCC:

NCC Ltd. (NSE: NCC), incorporated in 1978, specializes in EPC contracts and BOT projects across roads, buildings, irrigation, and railways. It recently expanded into smart meters, securing ₹8,080 crore in projects and initiating field trials.

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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गोवा शिपयार्ड लिमिटेड से सैटकॉम सिस्टम सप्लाई करने का आदेश मिलने के बाद डिफेंस स्टॉक में तेजी।

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