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NCC Bags Orders Worth Rs 10,805 Crore From BSNL

Summary by NDTV Profit

NCC Ltd. secured two advance work orders worth Rs 10,805 crore from Bharat Sanchar Nigam Ltd. on Tuesday for middle-mile network of BharatNet in Uttarakhand and Madhya Pradesh.The orders are for design, supply, construction, installation, upgradation, operation and maintenance of the network, according to an exchange filing.The first order is worth Rs 2,647.1 crore for the Uttarakhand Telecom Circle, while the second order is worth Rs 8,157.4 cr…

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InvestingCube

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Nagarjuna Construction Company Ltd (NCC) share price traded upward on Wednesday as the market reacted to news of a bumper contract win. The stock ended the session up by 1.7% with the price closing at Rs 208.30. The move also saw the stock hit seven week highs of Rs 218, underlining the strong momentum. NCC won a Rs 10,804 crore (approximately $1.2 billion) advance work order contract from Bharat Sanchar Nigam Limited (BSNL). The contract involv…

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