Announced Thu, 8 Oct, 2026 · 17:19 IST
NCC bags Rs 1,286 Cr road construction order in Telangana
NCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
NCC Limited has received a Letter of Acceptance from Hyderabad Growth Corridor Limited for construction of Radial Road-2 from ORR near Budwel to Nacharam on NH-167N (Package-1) in Telangana. The contract is valued at Rs 1,286.03 Crore excluding GST and is to be executed in 18 months. It is a domestic order with no related party interest.
Likely market impact
Strengthens order book and revenue visibility over the next 18 months. Government-backed infra order supports earnings outlook.