NCC Shares Extended Gains for 2nd Straight Trading Session

On February 5, 2025, NCC share price extended the gain for the second straight session with a rise of ~3%, reaching the day high of ₹246.80 at 11:25 AM after opening at ₹232.95. The increase in NCC share price follows the gain of over 7% on February 4, 2025. The shares of NCC Limited are trading below the 52-week low-high average, where the 52-week high stands at ₹364.50 and while 52-week low is at ₹200.95

NCC Business Highlights

NCC Limited has received an order valuing ₹424.79 Crores (Excluding GST) in January 2025. The order is related to the Transportation Division is received from the State Government and does not include any internal order

NCLT approved the proposed Scheme of Arrangement between NCC Infrastructure Holdings Limited (the Transferor Company) and NCC Limited (the Transferee Company) and their respective Shareholders.

NCC Q2FY25 Summary

During Q2FY25, NCC reported more than double growth in profit, driven by increased order inflows. For the quarter ending September 30, consolidated net profit grew to 1.63 billion rupees ($19.3 million), compared to 773.4 million rupees in the same period last year. Revenue from operations increased by 10.1%, reaching ₹51.96 billion. Total expenses also rose by 7.6%, totaling ₹49.74 billion. However, the cost of materials consumed, which makes up more than a third of expenses, decreased by 1.2%.

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