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NCC wins a ₹1,286 crore road order from Hyderabad Growth Corridor in Telangana

NCC received an order worth ₹1,286.03 crore, excluding GST, to build a stretch of Radial Road-2 in Telangana, with an 18-month construction period.

Price, Thursday's close₹119.93▼ 5.48%
Last 5 days
52-week low ₹119.0152-week high ₹217.25
Sector
Engineering and construction

What happened

  • Hyderabad Growth Corridor Ltd awarded NCC the construction of Package 1 of Radial Road-2, from the Outer Ring Road near Budwel to Nacharam on NH-167N (Budwel to Shabad), according to Upstox and Kotak Neo.
  • The order value is ₹1,286.03 crore, excluding GST. The construction period is 18 months.
  • Kotak Neo reported that a letter of acceptance was issued and noted NCC's ₹1,076.71 crore water supply order in Visakhapatnam in September.
  • The shares closed at ₹119.93, down 5.48%.

Why it matters

Good to know: A letter of acceptance is the client's formal notice that it has accepted a bidder's offer. The contract agreement is usually signed after it.

Key facts

Client
Hyderabad Growth Corridor Ltd
Order value
₹1,286.03 crore (excluding GST)
Construction period
18 months

Read the source

This is a summary of public news about NCC, for information only. It is not a recommendation to buy, sell or hold NCC.

NCC in the news before

  1. 5 OCT 2026 · EVENING · ORDERSNCC says it won ₹500.22 crore of orders in September
  2. 29 SEP 2026 · EVENING · ORDERSNCC wins ₹1,077 crore drinking water project in Andhra Pradesh
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