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Business Upturn
14-07-2025
- Business
- Business Upturn
NCC shares rise nearly 2% as firm bags Rs 2,269 crore Mumbai Metro contract
By Aditya Bhagchandani Published on July 14, 2025, 09:32 IST Shares of NCC Ltd were in focus on Monday, July 14, climbing around 1.75% to ₹225.70 on the NSE after the company announced a significant order win. The stock gained from its previous close of ₹221.81 and traded within a day's range of ₹224.00–₹227.00 in early trade. The civil construction company has secured a major contract worth approximately ₹2,269 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). The order pertains to Mumbai Metro Line 6 – Package 1-CA-232, covering design, manufacturing, installation, and commissioning of rolling stock, signalling systems, telecom systems, platform screen doors, and depot machinery for the Swami Samarth Nagar–Vikhroli corridor. The project is expected to be completed in 24 months, followed by two years of defect liability maintenance and five years of comprehensive maintenance. Despite the positive development, NCC shares have lost about 33% in the last one year and 20% in 2025 so far. The company's market capitalisation stands at approximately ₹13,922 crore. Around 1.50 lakh shares of NCC changed hands on the BSE, resulting in a turnover of ₹3.32 crore. On the technical front, the stock's relative strength index (RSI) is at 42.7, suggesting that it is neither overbought nor oversold. The one-year beta of 1.5 indicates relatively high volatility during the period. This latest order win follows a strong order flow for NCC, which on June 30 announced additional contracts worth ₹1,690.5 crore in its building division from various state agencies and private clients. NCC is a leading infrastructure player engaged in construction of industrial and commercial buildings, housing, roads, bridges, water supply projects, mining, power transmission, irrigation, and real estate development. Disclaimer: The information provided is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a financial advisor before investing. The author or publisher is not responsible for any losses incurred. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Economic Times
14-07-2025
- Business
- Economic Times
NCC shares jump 2% after winning Rs 2,269 crore Mumbai metro work order
NCC shares: As per its regulatory filing, NCC has received the Letter of Acceptance (LOA) dated July 11, 2025, for the 'Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning' of rolling stock, communication-based signaling and train control. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NCC share price performance Shares of NCC Ltd jumped 2.3% to their day's high of Rs 227 on the NSE on Monday, July 14, after the company announced securing a major work order worth approximately Rs 2,269 crore from the Mumbai Metropolitan Region Development Authority (MMRDA).The contract pertains to works for the Mumbai Metro Line 6 project, specifically Package to the company's regulatory filing, NCC has received the Letter of Acceptance (LOA) dated July 11, 2025, for 'Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of Rolling Stock, Communication-Based Signaling & Train Control, Telecommunication Systems, Platform Screen Doors, and Depot Machinery & Plant' for Line 6 of the Mumbai Metro Rail line connects Swami Samarth Nagar to Vikhroli – Eastern Express Highway (EEH), the filing total contract value stands at Rs 2,269 crore, excluding GST, with the construction expected to be completed within 24 the project includes a Defect Liability Maintenance Period (DLMP) of 2 years and a Comprehensive Maintenance period of 5 years project falls under general contract conditions and has been awarded by a domestic entity. NCC noted that this order forms part of its ordinary course of the past one year, the stock of NCC has declined by 33.33%. On a year-to-date (YTD) basis, it is down 20.08%, while over the last six months, the stock has fallen 11.69%. In the last three months, however, the stock has gained 5.72%. Over the past one month, the stock has dropped by 6.85%.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
14-07-2025
- Business
- Time of India
NCC shares jump 2% after winning Rs 2,269 crore Mumbai metro work order
NCC shares: As per its regulatory filing, NCC has received the Letter of Acceptance (LOA) dated July 11, 2025, for the 'Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning' of rolling stock, communication-based signaling and train control. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NCC share price performance Shares of NCC Ltd jumped 2.3% to their day's high of Rs 227 on the NSE on Monday, July 14, after the company announced securing a major work order worth approximately Rs 2,269 crore from the Mumbai Metropolitan Region Development Authority (MMRDA).The contract pertains to works for the Mumbai Metro Line 6 project, specifically Package to the company's regulatory filing, NCC has received the Letter of Acceptance (LOA) dated July 11, 2025, for 'Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of Rolling Stock, Communication-Based Signaling & Train Control, Telecommunication Systems, Platform Screen Doors, and Depot Machinery & Plant' for Line 6 of the Mumbai Metro Rail line connects Swami Samarth Nagar to Vikhroli – Eastern Express Highway (EEH), the filing total contract value stands at Rs 2,269 crore, excluding GST, with the construction expected to be completed within 24 the project includes a Defect Liability Maintenance Period (DLMP) of 2 years and a Comprehensive Maintenance period of 5 years project falls under general contract conditions and has been awarded by a domestic entity. NCC noted that this order forms part of its ordinary course of the past one year, the stock of NCC has declined by 33.33%. On a year-to-date (YTD) basis, it is down 20.08%, while over the last six months, the stock has fallen 11.69%. In the last three months, however, the stock has gained 5.72%. Over the past one month, the stock has dropped by 6.85%.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Upturn
14-07-2025
- Business
- Business Upturn
Top stocks in focus on July 14; DMart, Glenmark Pharma, VIP Industries, NCC, RITES, Ajmera Realty and more
By Aman Shukla Published on July 14, 2025, 08:39 IST Indian benchmark indices Sensex and Nifty 50 are expected to start lower on Monday, July 14, 2025, following mixed global cues. Here are some stocks likely to be in focus during the day's trade: NCC Ltd: The company has secured a ₹2,269 crore contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Mumbai Metro Line 6. IRB Infrastructure: The company reported a 5% rise in toll collections for June and an 8% increase in toll revenue for Q1 year-on-year. HFCL: The board has approved a ₹125.55 crore investment to expand its IBR cable manufacturing capacity. Wockhardt: The company has exited its loss-making US generics business, reporting a loss of $8 million for FY25 from the segment. Global Health: The Delhi High Court has not stayed the construction of Global Health's hospital project, following a petition filed against it. Ajmera Realty: The company's Q1 sales value fell, but collections rose 42% compared to the same period last year. Gland Pharma: The company received a Good Manufacturing Practice (GMP) compliance certificate from the Danish Medicines Agency. Indegene: The company has launched 'NEXT,' a medical writing automation platform. RITES Ltd: RITES has received an order worth ₹46 crore for a construction project in Karnataka. Castrol India: A tribunal has ruled in favour of the company in a tax dispute case in Maharashtra. BEML: The board is scheduled to meet on July 21 to consider a stock split proposal. Divi's Laboratories: MSN Laboratories has won a patent litigation related to Novartis' cardiac drug, Entresto, which may have implications for Divi's. Avenue Supermarts (DMart): The company's earnings missed market estimates, with margins declining nearly 100 basis points year-on-year. Glenmark Pharma: The company received a warning letter from the USFDA regarding its manufacturing facility in Indore. VIP Industries: VIP has confirmed a news report that a consortium led by Multiples PE is looking to acquire up to 58% stake in the company at ₹388 per share. Kolte Patil Developers: Q1 sales value fell by 13.3% and collections were down 10.1% year-on-year. Allcargo Terminals: The company reported a 4.5% month-on-month decline in CFS volumes for June, totalling 48.7 TEUs. Sula Vineyards: The company's Q1 revenue dropped 8%, while sales of its own brands fell 11% year-on-year. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Ajmera RealtyDMartGlenmark PharmaNCCRITESVIP Industries Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
