Rs 71,568 Crore Order Book: Rakesh Jhunjhunwala-Backed Civil Construction Company Bags Order of Rs 2,269 Crore from MMRDA
DSIJ Intelligence-1 / 12 Jul 2025/ Categories: Multibaggers, Trending
The stock is up by 31.6 per cent from its 52-week low and has given multibagger returns of over 500 per cent in 5 years.
NCC Limited has received a Letter of Acceptance from the Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Metro Line 6 – Package 1-CA-232, a domestic contract valued at approximately Rs 2,269 Crore (excluding GST). This comprehensive project involves the design, manufacture, supply, installation, integration, testing, and commissioning of rolling stock, communication-based signaling & train control, telecommunication systems, platform screen doors, and depot machinery & plant for Line 6 (Swami Samarth Nagar to Vikhroli – EEH) of the Mumbai Metro Rail Project. The construction phase is slated for 24 months, followed by a 2-year Defect Liability Maintenance Period and a 5-year comprehensive maintenance period thereafter.
Earlier, the company received orders valued at Rs 1,690.51 crore (Excluding GST) in June 2025. The orders are related to the building division. These orders are received from State Government Agencies and Private Limited Company and do not include any internal orders.
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About the Company
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.
The company has a market cap of over Rs 13,000 crore and its order book stands at Rs 71,568 as of March 31, 2025. An ace investor, the Late Rakesh Jhunjhunwala’s portfolio owns a 12.48 per cent stake in the company as of March 2025 (After Rakesh Jhunjhunwala, the stake was transferred to her wife, Rekha Rakesh Jhunjhunwala). The stock is up by 31.6 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.