NCC Ltd Shares Surge 6.5% After Securing ₹1,286-Crore Road‑Construction Order
NCC Ltd shares rose as much as 6.5 % to an intraday high of ₹127.74 on the National Stock Exchange on Friday, 9 October, after the company announced it had secured a road‑construction order worth ₹1,286.03 crore, excluding GST, from Hyderabad Growth Corridor Ltd (HGCL). The order covers the construction of Radial Road‑2 from Outer Ring Road near Budwel to Nacharam on NH‑167N (Package‑1, Budwel to Shabad) in Telangana. The project is slated for an 18‑month construction period, as disclosed in a regulatory filing dated 8 October.
The company received a letter of acceptance for the construction of Radial Road‑2 from Outer Ring Road near Budwel to Nacharam on NH‑167N, Telangana, as part of Package‑1 (Budwel to Shabad). The order, valued at ₹1,286.03 crore excluding GST, was confirmed in a regulatory filing on 8 October, confirming an 18‑month construction period for the project. The acceptance letter was issued by HGCL and confirms the commencement of the project in the first quarter of FY27.
In a separate regulatory filing, NCC secured a letter of award from the government of Andhra Pradesh for the supply of fresh water. The order, worth ₹1,076.71 crore excluding GST, was awarded under the Multi Village Scheme on Yeleru Reservoir for the Anakapalli Segment in Anakapalli District, Andhra Pradesh, as per a filing dated 28 September. Additionally, in September 2026, the company won two other orders totaling ₹500.22 crore: a ₹224.74 crore order for its buildings division and a ₹275.48 crore order for its transportation division.
NCC reported a 12.6 % year‑on‑year surge in its consolidated net profit to ₹216.4 crore for the quarter ended 30 June 2026 (Q1 FY27), up from ₹192.14 crore in the same period last year. Its revenue from operations rose 12.2 % YoY to ₹5,812 crore, compared with ₹5,179 crore in the April‑June quarter of the 2025‑26 fiscal year (Q1 FY26).
At around 10:34 AM, the stock of NCC Ltd was trading at ₹123.70 per equity share, up 3.14 %, after briefly touching its day’s high. Over the past week the scrip has fallen 5 %, and over the month it has declined 15 %. Year‑to‑date, the share has dropped 23 %. The 52‑week high of ₹217.25 was reached on 3 November 2025, while the year’s low of ₹119.01 was recorded on 8 October 2026. As of 9 October 2026, NCC Ltd’s market capitalisation stood at ₹7,768.97 crore on the NSE.