NCC Share Price in Focus: Secured Contract from BMSICL

NCC Limited, a leading construction and infrastructure company, has received a Letter of Acceptance (LoA) from Bihar Medical Services & Infrastructure Corporation Limited (BMSICL) for the redevelopment of Darbhanga Medical College & Hospital (DMCH) at Laheriasarai, Darbhanga. 

Project Details  

The project entails the redevelopment of the existing medical college, hospital and other buildings at the DMCH campus. The construction is scheduled to be completed within 42 months, followed by a Defects Liability Period (DLP) of 36 months. The contract is valued at ₹1,480.34 crores, excluding GST.  

Contractual and Financial Information  

This significant contract, classified as a “Major Order” as per the company’s policy for orders above ₹1,000 crores, was awarded by a domestic entity. There is no involvement or interest from the company’s promoter group, and it does not fall under related party transactions.  

About NCC Ltd

Founded in 1978 as Nagarjuna Construction Company, NCC Ltd. is a leading Indian construction and infrastructure company headquartered in Hyderabad. With expertise in sectors like buildings, transportation, water management, mining and railways, the company has completed significant projects such as AIIMS hospitals and the Nagpur-Mumbai Expressway. NCC’s growth and diversification have made it a prominent player in the industry with a pan-India presence.

Share performance 

As of March 24, 2025, at 1:45 PM, the shares of NCC Ltd are trading at ₹208.59 per share, reflecting a surge of 1.24% from the previous day’s closing price. Over the past month, the stock has registered a profit of 12.48%. The stock’s 52-week high stands at ₹364.50 per share, while its low is ₹170.05 per share.

Conclusion

Securing this substantial contract strengthens NCC Limited’s reputation as a trusted player in infrastructure development. The successful execution of the project will likely enhance healthcare infrastructure in the region while contributing positively to the company’s financial growth and market presence.

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