NCC shares surge 5% on bagging order worth Rs 3,389 crore
NCC shares jumped 5% to Rs 318 in Friday's trade on BSE after the company secured an order worth Rs 3,389.49 crore from Ken-Betwa Link Project Authority, Department of WR, RD & GR, Ministry of Jal Shakti, Government of India.
“We are pleased to inform that, the Company has received Letter of Acceptance (LoA) dated November 28, 2024 from Ken-Betwa Link Project Authority regarding selection of the Company as the successful bidder for the EPC execution of Daudhan Dam under Ken-Betwa Link Project," said in an exchange filing.
Under the terms of the order, the company will be responsible for the planning, design and engineering and hydro-mechanical works on engineering, procurement and construction (EPC) basis.
The company is expected to complete the project in 72 months.
Also Read: Enviro Infra Engineers lists at 49% premium over IPO price
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
RSI Trading Techniques: Mastering the RSI Indicator
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading
Technical Trading Made Easy: Online Certification Course
By — Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Heikin Ashi Trading Tactics: Master the Art of Trading
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading
Derivative Analytics Made Easy
By —
