Receipt of order worth Rs 376 croreNCC - 94 Change: 0.55 (0.59 %)
NCC Ltd has received two new orders for Rs 376 crore (exclusive of GST) in the month of November 2022. Out of these orders, one order valuing Rs 321 Crore pertains to Electrical Division and the second order valuing Rs 55 Crore pertains Roads Division.
NCC’s order book at the end of Q2FY22 on a standalone basis was at an elevated level of Rs 40,020 crore (3.4x order book to TTM bill ratio). Additionally, the company has secured orders worth Rs 1,753 crore post September 2022, strengthening its overall order book further. Going forward, the gained momentum in order inflows to continue with its strong emphasis on buildings, water, roads and expressways, metro and railways and mining segments.