NCC gained 1.34% to Rs 83 after the company received two new orders totalling to Rs 444 crore in September 2021.
Out of the two orders, one order is valued at Rs 280 crore pertaining to water & environment divisio. The second order valued at Rs 164 crore pertains to building division.NCC said the orders are received from State Government agencies and do not include any internal orders.
NCC is engaged in the construction activities in the infrastructure sector. On a consolidated basis, the company reported a 218% jump in net profit of Rs 49.95 crore on a 59.1% rise in net sales to Rs 2,064 crore in Q1 FY22 over Q1 FY21.
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