NCC secures Rs 2,327 cr in new orders for September

04 Oct 2024 CW Team

NCC Ltd. announced that it has secured orders totaling ₹2,327 crore in September 2024.

These orders are categorized into three key divisions:

₹1,417 crore in the transportation division

₹520 crore in the electrical division

₹390 crore in the buildings division

The contracts were awarded by state government agencies and private firms, with no external orders included in the total, as per the company's exchange filing.

c surpassing previous totals of:

₹1,236 crore in August

₹1,919 crore in July

₹335 crore in June

Earlier this year, in March 2024, NCC secured over ₹3,000 crore in orders, demonstrating robust momentum in its order book. As of the end of the June quarter, promoters held a 22% stake in the company, with Rekha Rakesh Jhunjhunwala owning 10.63%.

Mutual Funds of India held a 9.84% stake in NCC, while small shareholders (with authorized capital under ₹2 lakh) accounted for 21%. The company has yet to disclose its shareholding data for the quarter ending September 30, 2024.

As of this writing, NCC Ltd. shares are trading at ₹305.15, reflecting a 1.13% increase from the previous close. The stock has appreciated by 90% over the past year and nearly 83% since the beginning of 2024.

Equipment

03 Dec 2025

ABB India Unveils ACS380-E Drive for High-Performance Automation

ABB India has launched the ACS380-E drive, a next-generation machinery drive designed for automation-centric machine building, adding to its all-compatible drive portfolio. The solution simplifies machine integration and is future-proofed for industrial automation with advanced connectivity, faster commissioning and built-in cybersecurity capabilities.The ACS380-E features integrated dual Ethernet ports for plug-and-play communication with all major industrial automation networks, eliminating the need for separate modules and reducing installation complexity. The drive also supports fast USB-C..

Cement Makers Positive on H2 Demand Outlook

The leading cement producers have posted high single-digit volume growth and better sales realisation in the July–September quarter, setting a positive tone for the second half of FY26. Companies are upbeat on demand prospects, supported by a strong housing sector and continued government spending on major infrastructure projects. UltraTech, Ambuja Cement, Shree Cement, Dalmia Bharat and Nuvoco Vistas recorded revenue growth of up to 18 per cent in the September quarter. The rise was driven by firm realisations, softer input costs and an increased share of premium products. With coal price..

Odisha Targets Role as MSME Hub for Eastern India

Odisha has set its sights on becoming the MSME gateway of eastern India, Chief Minister Mohan Charan Majhi said at the Odisha Industrial Conclave 2025, organised by Laghu Udyog Bharati (LUB). Calling the state a land of possibilities, he noted that Odisha has emerged as a leading destination for micro, small and medium enterprises.He said that reforms such as the Go-Swift single-window system now allow project approvals within a day. Odisha has also invested 6.1 per cent of its GDP in infrastructure development, which is expected to further accelerate industrial and MSME growth.Majhi emphasise..