1 year ago

NCC Secures Water Project Orders Worth ₹788 Crore

NCC Secures Water Project Orders Worth ₹788 Crore
NCC secures Rs 788 crore orders for water projects · financialexpress.com

NCC, a construction company, got new orders for water projects in August.

These projects are worth about 788 crore rupees, and the company got them from state government agencies.

This is part of the company's normal business.

In the previous month, NCC also secured orders worth over 791 crore rupees for different divisions, including buildings and electrical.

The company has clarified that these are external projects.

However, the company's stock price has decreased by 25% since January.

Key facts

Total Order Value (August)
₹788.34 crore
Projects Division
Water
Awarding Entities
State government agencies
Total Order Value (July)
₹791.54 crore
NCC Share Price Decline (YTD)
25%

Quotes

NCC

An infrastructure and construction company

“These orders have been received in the normal course of business of the company.”
financialexpress.com

Sources

Related news