NCC share price: Stock gains 5% on ₹2,129.60 crore Amaravati infrastructure contract win

The shares of Hyderabad- grounded NCC Limited gained 5 on Thursday, March 20, on entering an structure development contract worth ₹ 2,129.60 crore( banning GST) from the Andhra Pradesh Capital Region Development Authority( APCRDA). The contract, awarded through a Letter of Acceptance dated March 19, 2025, involves the construction of roads, rainspouts, water force systems, sewage networks, mileage tubes for power and ICT, exercise water lines, and avenue colony in Zone- 12 townlets of Amaravati Capital City.

NCC Share price

The design, classified as a” Major Order”, will be executed over a total period of five times — three times for construction and two times for the disfigurement liability period( DLP). The contract has been awarded on a lumpsum chance tender base.

In February, the structure company bagged an order worth ₹ 218.82 crore for a transportation design awarded by a state government. The contract is listed to be executed over 36 months

NCC reported a 12.5 time- on- time( YoY) decline in net profit at ₹ 193.2 crore for the third quarter that ended December 31, 2024. The company’s profit from operations increased 1.6 to ₹ 5,344.5 crore against ₹ 5,260 crore in the matching period of the antedating financial time. At the operating position, EBITDA fell 16.6 to ₹ 420.9 crore in the third quarter of this financial time from ₹ 504.4 crore in Q3FY24.

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