Sensex Today Live: NCC Limited Secures New Orders Worth ₹3,086 Crore in March
In a significant development, NCC Limited has announced that it has secured new orders worth ₹3,086 crore in the month of March 2024. These orders, excluding GST, have been divided among the company’s various divisions, with the Electrical division receiving orders worth ₹1,589 crores, the Transportation Division receiving orders worth ₹1,330 crore, and the Building Division receiving orders worth ₹167 crores.
The orders were received from state government entities and private limited companies, showcasing the trust and confidence in NCC Limited’s capabilities. This brings the total orders secured by the company during FY24 to around ₹26,000 crore, meeting the guidance set by the management at the beginning of the financial year.
This news is a positive indicator of the company’s growth trajectory and its ability to secure new projects in diverse sectors. NCC Limited’s strong performance in securing new orders highlights its position as a key player in the construction and infrastructure industry. Investors and stakeholders are likely to view this news as a positive sign of the company’s future prospects and growth potential.
