Multibagger Construction Stock Received New Orders Worth Rs 2055 Crore, Scrip Up 125.28% In 1 Year

NCC Ltd., on Saturday, Jul 01, 2023, in a press release informed that the company has received orders /contracts received during the month of June 2023. According to the press release, the order is worth Rs 2055 crore (Excluding GST).

In the Press Release, NCC stated, "NCC Limited has received new orders Rs 2055 Crore (Excluding GST) in the month of June'2023. Out of these orders two orders valuing Rs 1335 crores relating to Building Division, one order valuing Rs 720 crores relating to Electrical Division. These orders are received from Private and State government agencies and does not include any internal orders."

Stock Movement

On Friday, the stock of NCC last traded at Rs 122.10 apiece on BSE. It traded the 52 week high on Jun 05, 2023, at Rs 129.85 apiece, and 52 week low on Jul 1, 2022, at Rs 53.15 apiece, respectively.

It has given 2.26% positive return in 1 week, while in the past 1 month it gave 6.68% positive return. It gave 125.28% multibagger return in the past 1 year. It gave 319.59% positive return in the past 3 years. In the past 5 years, it gave 27.06% positive return.

About - NCC Ltd.

NCC Ltd. is a construction sector midcap company. It is primarily in the construction of industrial and commercial buildings, roads, water supply and environment projects, mining, power transmission lines etc. It has a market capitalisation of Rs 7,634.61 crore.