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  5. NCC Ltd shares soar 6.5% on securing order worth ₹1,286 crore from HGCL; check details

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NCC Ltd shares soar 6.5% on securing order worth ₹1,286 crore from HGCL; check details

Abha Raverkar
By Abha Raverkar

3 min read | Updated on October 09, 2026, 10:37 IST

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SUMMARY

The road construction order has a construction period of 18 months, NCC Ltd said.

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NCC
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NCC shares

NCC Ltd is a construction company involved in diversified activities, including buildings, transportation, water and environment, mining, and railways. | Image: Shutterstock

NCC share price: Shares of infrastructure and construction conglomerate NCC Ltd soared as much as 6.5% to hit an intraday high of ₹127.74 per unit on the National Stock Exchange (NSE) on Friday, October 9, as the company bagged an order worth ₹1,286.03 crore, excluding GST, from Hyderabad Growth Corridor Ltd (HGCL).
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The company received a letter of acceptance for the construction of “Radial Road-2 from Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N (Package-1 - Budwel to Shabad), Telangana.

The order has a construction period of 18 months, according to a regulatory filing dated October 8.

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In a separate regulatory filing, the company said it secured a letter of award (LoA) from the government of Andhra Pradesh for the supply of fresh water.

Worth ₹1,076.71 crore (excluding GST), the order for supplying drinking water was bagged under the Multi Village Scheme on Yeleru Reservoir for Anakapalli Segment in Anakapalli District in Andhra Pradesh, according to a regulatory filing dated September 28.

Separately, in September 2026, the company won two other, totaling ₹500.22 crore.

The first order, pertaining to the buildings division, was worth ₹224.74 crore, and the second, related to the transportation division, was worth ₹275.48 crore.

NCC Q1 results

NCC reported a 12.6% year-on-year (YoY) surge in its consolidated net profit to ₹216.4 crore in the quarter ended June 30, 2026 (Q1 FY27), compared with ₹192.14 crore in the same period last year.

Its revenue from operations jumped 12.2% YoY to ₹5,812 crore for the quarter under review, as against ₹5,179 crore in the April-June quarter of the 2025-26 fiscal year (Q1 FY26).

NCC share performance

At around 10:34 AM, the stock of NCC Ltd was off its day's high, and was trading at ₹123.70 per equity share, up 3.14%.

The scrip has fallen 5% in the past week and 15% over the month. On a year-to-date (YTD) basis, it has declined 23%.

While the shares hit a 52-week high of ₹217.25 per unit on November 3, 2025, it touched a year's low of ₹119.01 apiece on October 8, 2026.

NCC Ltd has a total market capitalisation of ₹7,768.97 crore as of October 9, 2026, according to data on the NSE.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Abha Raverkar
Abha Raverkar is a post-graduate in economics from Christ University, Bengaluru. She has a strong interest in the markets and loves to unravel the nitty-gritties of the latest happenings in the world of markets, business, and the economy.

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