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After several negotiations, the contract for road concretisation in South Mumbai was awarded to M/s. Nagarjuna Construction Company Ltd (NCC Ltd) at a rate 4% above the BMC's estimated cost.
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 ...
NCC Ltd secured an order worth ₹349.7 crore in December 2024, awarded by a private company. The project pertains to the building division and excludes any internal orders.
The civic body had awarded the contract for the first phase of concretisation of these 212 roads to Roadway Solutions India Infra Ltd (RSIIL) in January 2023. But the ₹1,687 crore contract was ...
NCC and J Kumar Infraprojects shares were trading 4 and 1 percent higher on September 22 afternoon after their joint venture bagged the Rs 6,301.08 crore Mulund-Goregaon twin tunnel project in Mumbai.
However, NCC Ltd was awarded the contract as the lowest bidder. Meanwhile, Narwekar had objected to the company's bid, which was 9% above the BMC's estimated rate, amounting to an excess of Rs ...
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