NCC share price jumps 5% after Rs 1,480 crore hospital redevelopment order
4 days, 23 hours ago

NCC share price jumps 5% after Rs 1,480 crore hospital redevelopment order

India Today  

Shares of NCC Ltd jumped sharply in early trade on Monday after a major deal win. The company’s stock initially jumped 5% on the Bombay Stock Exchange and was trading 2.50% higher at Rs 211.20 at around 9:45 am. "As per the company’s ‘Policy on Determination of Materiality of Events and Information’ orders/contracts valued at Rs 1,000 crore and more are termed as major order," said NCC. The project involves extensive redevelopment of Darbhanga Medical College and Hospital, with a completion timeline of 42 months for the main construction work. According to NCC’s internal policy, any order valued at Rs 1,000 crore or more is classified as a "Major Order".

History of this topic

NCC share price zooms 4% to hit 6-week high on ₹1480 crore order win; up over 20% in March
4 days, 19 hours ago
NCC share price jumps 6% on securing LoA for ₹2,130-crore order
1 week, 1 day ago
NCC stock crashes over 14% to 11-month low after weak Q3 numbers
1 month, 3 weeks ago
NCC stock gains nearly 10% on strong volumes, hits new 52-week high
1 year, 2 months ago

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