Jhunjhunwala’s holds 12.48% stake & Rs 70,087 crore order book: Civil construction receives order worth Rs 2,090.5 crore from Water Resource Department, Bihar

DSIJ Intelligence-1 / 16 Sep 2025/ Categories: Multibaggers, Trending

Jhunjhunwala’s holds 12.48% stake & Rs 70,087 crore order book: Civil construction receives order worth Rs 2,090.5 crore from Water Resource Department, Bihar

The stock is up by 31 per cent from its 52-week low and has given multibagger returns of over 500 per cent in 5 years.

NCC Limited has been awarded a major domestic contract worth approximately Rs 2,090.5 crore from the Water Resource Department, Bihar. The order, which was secured on September 15, 2025, involves the construction of the Barnar reservoir scheme in the Jamui district. The project's scope includes building the reservoir, dam structures, irrigation channels, and other related works. The execution of the construction is set to be completed within 30 months, followed by a Defect Liability Period (DLP) of 60 months.

NCC Limited, a prominent construction company established in 1978, specialises in undertaking turnkey EPC contracts and BOT projects under the Public-Private Partnership model. Their diverse portfolio encompasses the construction of roads, buildings, irrigation systems, water and environmental projects, electrical infrastructure, metal and mining facilities, and railway networks. NCC also extends its operations to the road and energy sectors through its subsidiary NCC Infrastructure Holdings Limited, and into real estate development via NCC Urban Infrastructure. Notably, the company has a significant international presence, particularly in the Middle East, with subsidiaries in Muscat and Dubai.

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For the first quarter of fiscal year 2025-26, NCC Limited reported a consolidated turnover of Rs 5,207.93 crore, a 6% decrease from the previous year. Net profit also declined to Rs 192.14 crore, down from Rs 209.92 crore in the same period last year. Despite this financial dip, the company secured new orders worth Rs 3,658 crore, increasing its total order book to Rs 70,087 crore as of June 30, 2025.

The company has a market cap of over Rs 13,000 crore and its order book stands at Rs 70,087 as of June 30, 2025. An ace investor, the Late Rakesh Jhunjhunwala’s portfolio owns a 12.48 per cent stake in the company as of June 2025 (After Rakesh Jhunjhunwala, the stake was transferred to her wife, Rekha Rakesh Jhunjhunwala). The stock is up by 31 per cent from its 52-week low and has given multibagger returns of over 500 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.