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The Economic Times

Surbhi Khanna

NCC shares rally 5% after securing Rs 1,076 crore Andhra Pradesh drinking water project

NCC Andhra Pradesh Surbhi Khanna Anakapalli SEBI

Shares of NCC gained up to 5% on Tuesday, hitting a day’s high of Rs 137.30 on the NSE, after the company received a letter of acceptance worth Rs 1,076.71 crore, excluding GST, from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.

According to an exchange filing, the letter of acceptance is for providing drinking water supply under a multi-village scheme on the Yeleru Reservoir for the Anakapalli segment in Anakapalli district of Andhra Pradesh.

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