Synopsys:
NCC Ltd secured an order worth Rs.2,269 Cr from Mumbai Metropolitan Region Development Authority (MMRDA) for design, manufacture, supply and others of Mumbai metro line.
The shares of this infra stock that engaged in Construction and real estate are in focus after receiving a new order worth of Rs.2,269 Cr from Mumbai Metropolitan Region Development Authority (MMRDA)
With a market capitalization of Rs. 14,120 Crores, the shares of NCC Ltd opened at Rs. 226.50 per equity share, from its previous day’s closing price of Rs. 221.75, and made an intraday high of Rs.227.75 per equity share.
Order Details
NCC Limited has received a major order from the Mumbai Metropolitan Region Development Authority (MMRDA) for work related to Mumbai Metro Line 6. This new contract is valued at approximately Rs.2,269 crore and covers Package 1-CA-232 of the metro line from Swami Samarth Nagar to Vikhroli.
Under the contract, NCC will be responsible for the design, manufacturing, supply, installation, integration, testing, and commissioning of various advanced systems. These include rolling stock,telecommunication systems, platform screen doors, and depot machinery and others.
The project will be carried out in different stages, with construction planned to be completed in 24 months. After that, there will be a 2 year period to fix any issues that come up, followed by 5 years of full maintenance. This project highlights NCC’s growing presence in India’s metro rail infrastructure and its ability to handle large scale, technology driven transport solutions.
Company Details
NCC Limited is a well known construction and infrastructure company based in Hyderabad. It works on big projects like roads, buildings, water supply systems, and metro rail. The company has many years of experience and takes up both government and private contracts across the country.
The company has built a strong presence in the industry by working with well known clients like adani,NHAI,IOCL,RVNL,NBCC,Namma Metro,Pune Metro,AAI,Coal India and others. which reflects its trusted reputation and solid client base.The company currently has a strong order book worth of Rs.71,568 Crore.
The company’s revenue from operations surged from Rs. 20,845 crores in FY24 reaching Rs. 22,199 crores in FY25, reflecting strong business growth. Net profit also rose from Rs. 740 crores to Rs. 868 crores, indicating better cost management and profitability. These figures highlight a solid improvement in both revenue and overall financial performance.
Written by Sudeep Kumbar
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