NCC shares soar 5% after Rs 501 crore order from Bengaluru Suburban Rail

In December 2024, NCC bagged an construction-related order valued at Rs 349.70 crore from a private company.

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26 Aug, 2025 12:21

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Construction and infrastructure player NCC has received an order worth Rs 501 crore to construct eight stations for the Bengaluru Suburban Rail Project, the company said in an exchange filing on January 7. Shares of the construction company are higher by more than 5% in the trading session.

The order, reported by Moneycontrol earlier this month, is from Rail Infrastructure Development Company (Karnataka) and is to be completed within 24 months.

"NCC has received the LoA from Rail Infrastructure Development Company (Karnataka) Limited for construction of Eight (08 Nos) Stations for Bengaluru Suburban Rail Project with an order value of Rs. 501 crore (inclusive all taxes & GST) which is to be executed within 24 months from the date of signing the contract agreement," the company filing said.

In November 2024, the company had received an order from the Ken-Betwa Project Authority for an EPC project with total value of the contract at Rs 3389.49 crore. In December 2024, NCC bagged a construction-related order valued at Rs 349.70 crore from a private company.

Moneycontrol had reported on January 3 that NCC will be constructing eight stations located at Benniganahalli (elevated interchange), Kasturi Nagar (at-grade), Seva Nagar (at-grade), Banaswadi (at-grade), Nagawara (elevated), Kanaka Nagar (elevated), Hebbal (at-grade), and Mathikere (elevated). The scope of work included civil and structural works, foot overbridges (FOBs), roof structures, pre-engineered building (PEB) works, electrical and mechanical (E&M) works, as well as detailed design and engineering (DDC).

As a practice, NCC discloses orders received in the normal course of business at the beginning of every successive month, clubbing together and disclosing to the stock exchanges.