NCC’s Stock Price Surges 5% After Securing ₹2,129.60 Crore Amaravati Infrastructure Contract
Mumbai, March 20, 2025 – Shares of NCC Limited witnessed a 5% surge in early trading today following the company’s announcement of securing a ₹2,129.60 crore contract for infrastructure development in Amaravati, Andhra Pradesh.
The contract, awarded by the Andhra Pradesh Capital Region Development Authority (APCRDA), includes major infrastructure projects such as roadways, drainage systems, water supply, and public amenities aimed at accelerating the development of Amaravati as a world-class capital city.
Market Reaction & Investor Confidence
NCC’s stock opened on a strong note and climbed 5% intraday, reflecting positive investor sentiment. Analysts believe this contract will significantly boost NCC’s order book, enhancing its revenue visibility and growth outlook.
What This Means for NCC
With this latest contract, NCC further strengthens its position in the infrastructure sector, especially in urban development projects. The company has been actively securing high-value contracts across roads, irrigation, and metro rail segments, reinforcing its growth trajectory.
As infrastructure spending gains momentum in India, NCC’s latest win is seen as a strategic milestone, ensuring long-term profitability and sustained stock performance.
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