NCC secures Rs3,148.48 crore across nine orders in October led by water and building divisions
India, Nov. 2 -- Construction contractors in India live and die by the pipeline of projects. Roads, buildings, water schemes and power lines all move at different speeds, and tenders can stall for months. That is why bigger contractors spread themselves across several segments, so a lull in one is covered by a surge in another. For investors, monthly order announcements are the closest thing to a heartbeat.
The Nifty 50 was trading at 23,332.90, up 1.21%. Meanwhile, Sensex also rose 1.32% to 75,437.52 on Monday. Meanwhile, shares of NCC Ltd. were trading at Rs. 119.85, up 4.63 percent from previous close of Rs. 114.55. The stock opened at Rs. 115.20 and reached an intraday high of Rs. 119.90 and low of Rs. 114.55. The company currently ...
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