NCC Share Price: Jump 6% After Contract of BharatNet With BSNL.

NCC Share Price Rises 6%:

NCC Limited is a well known name in the construction and infrastructure industry in India, has been in the news recently due to significant rice in its share price. On 26 March 2025 the company's stock saw a sharp increase of about 6%, reaching ₹217.55 on the Bombay Stock Exchange (BSE). But what is driving this search in NCC stock price?

MINT

NCC has won big contracts boost stock price:

The rise in NCC's share price is linked to the company securing big contracts from Bharat Sanchar Nigam Limited (BSNL), one of the largest telecom service provider in India. These contracts are related to the BharatNet project. It is a initiative of Indian government to provide high speed internet in rural areas. 

NCC has done two major deals, valued of ₹10805 crore. Here is the breakdown:

1. Uttarakhand Telecom circle contract: Worth ₹2647 crore, which is deal will help NCC in upgrading and expanding Telecom infrastructure in Uttarakhand.

2. Madhya Pradesh, Dadra and Nagar Haveli and Daman and Dev Telecom circle contracts: This one is much larger, valued at ₹8157 crore. NCC will be responsible for developing Telecom network in these regions.

Both projects are set to be completed over the next 3 years, with additional 10 years maintenance period. The long term nature of these contracts means steady work for NCC which has created a positive Outlook among investors.

NCC has boost for the company's market value:

NCC market capitalization increased to around ₹13398 crore. This is a significant boost that considering the company's recent performance. So it is important to note that despite this rise, NCC's stock has dropped by around 34% over the pass 6 months. This means that even though the stock price is going up now, it's been a bit of a roller coaster ride in recent times.

What does this mean for NCC's future?

The recent stock price reflects in the positive impact by new contracts will have on NCC's future. Now the company has guaranteed projects that will bring in revenue over several year. Investors has hopeful that this will lead to better financial results in the coming years.

The progress of BharatNet project is a key factor of NCC is expanding in Telecom infrastructure across India. The telecom sector in India is growing rapidly and with more people getting connected. The demand for trustworthy infrastructure will continue to rise. This puts NCC in a strong position to benefit.

Conclusion:

NCC's recent rise in share price shows, how big contracts can drive investors confidently, even the company has faced challenges in the past, these new deals with BSNL could be a game changer. With steady work, lined up and the growing demand for Telecom infrastructure, NCC seems to be in a good position to bounce back in the coming years.

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FAQs:

1. What is NCC's recent share price trend?

NCC Limited's share price recently surged by about 6%, reaching ₹217.55 on March 26, 2025. However, over the past six months, the stock has experienced a decline of approximately 34%.

2. Why has NCC's share price been declining over the past six months?

Despite the recent increase, NCC's share price has been on a downward trend for the past six months, dropping by around 34%. This may be due to various factors, such as market volatility, challenges in the construction sector, or concerns about the company’s financial performance.

3. How can I invest in NCC shares?

To invest in NCC shares, you can purchase them through the stock market via a broker. NCC shares are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). It’s always a good idea to consult with a financial advisor before making any investment decisions.