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NCC shares rally 3% after Rs 1,691.5 crore order win

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Shares of infrastructure company NCC climbed as much as 2.8% on Tuesday to Rs 236.95 on the BSE after the firm announced fresh orders worth Rs 1,690.51 crore (excluding GST) in June 2025. The orders were received by the company’s buildings division and were awarded by various state government agencies and a private limited company.

The company clarified that all orders are external and do not include any internal work allocations.

For the quarter ended March 31, 2025, NCC reported a 6% year-on-year (YoY) rise in net profit to Rs 253.8 crore, up from Rs 239.2 crore in the same quarter last year. Revenue from operations declined 5.5% YoY to Rs 6,120.9 crore from Rs 6,484.9 crore.

EBITDA for the quarter increased 1.1% to Rs 556.5 crore from Rs 550.3 crore, while the EBITDA margin expanded slightly to 9% from 8.5% a year ago.


During FY25, the company secured orders worth Rs 32,888 crore (including change in scope). The order book stood at Rs 71,568 crore on a consolidated basis and Rs 62,471 crore on a standalone basis as of March 31, 2025.

Also Read: Top 10 Nifty500 stocks with dividend yields higher than industry average

NCC share price target


According to Trendlyne, the average analyst target price for NCC is Rs 274, implying a potential upside of around 19% from current levels. Out of 12 analysts tracking the stock, the consensus rating is ‘Buy’.

On the technical side, the Relative Strength Index (RSI) stands at 53.2—indicating neutral momentum. The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages but remains below the 200-day average, reflecting a moderately positive trend.

NCC shares have gained nearly 10% in the past three months and delivered a return of around 90% over the past two years. The company’s current market capitalisation stands at approximately Rs 14,468 crore.

Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60%

( Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
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