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India's NCC climbs after bagging 20.91 billion rupee-order

ReutersSep 16, 2025 4:22 AM

** Indian construction firm NCC NCCL.NS gains as much as 4.8% to 222.31 rupees, last up 2.3%

** Co gets order worth 20.91 billion rupees ($237.3 million) to build water infrastructure, including dam structures and irrigation channels in Bihar state

** About 7.8 million shares of NCCL traded, 2.7x the 30-day avg

** Stock rated "buy" on avg, same as peer PNC Infratech PNCI.NS - data compiled by LSEG

** YTD, NCCL down ~21%, PNCI down 8%

($1 = 88.1237 Indian rupees)

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