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Sneha Jain

16th Sep · SEBI-Registered Analyst

NCC share price rises 5% after bagging ₹2,000 crore project in Bihar.

According to the company’s regulatory filing, the project entails building a reservoir, dam structures, irrigation canals, and other related works. It has been awarded under standard contract terms in the domestic category and does not fall under related party transactions. The construction phase is scheduled to be completed within 30 months, followed by a Defect Liability Period (DLP) of 60 months. The contract is valued at around ₹2,090.5 crore, excluding GST, and will be executed as per the general conditions laid down by the Bihar Water Resources Department.

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