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The Economic Times
The Economic Times
Ritesh Presswala

NCC shares jump 5% on Rs 1,286 crore Telangana road project order

NCC shares rose 4.89% to Rs 125.57 on Friday after the company received a Letter of Acceptance (LoA) from Hyderabad Growth Corridor Limited for a road construction project worth Rs 1,286.03 crore in Telangana.

The order, dated October 8, 2026, involves the construction of Radial Road-2 from the Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N, covering Package 1 from Budwel to Shabad. The project has an execution timeline of 18 months, the company said in a filing to the bourses.

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