NCC touches 52-week high on contract win from NTPC
A distinct purpose vehicle (SPV) to be formed between NCC and BGR Mining & Infra with a sharing ratio of 51:49 will execute the mission.
Shares of NCC touched 52-week high of Rs 114.80, gaining 6.5 % within the early exchange on Wednesday because it has won a contract for mine building and operation of Talaipalli coal block.
The consortium fashioned between NCC and BGR Infra has been awarded a challenge relating to mine building and operation of Talaipalli coal block via NTPC India.
A special purpose vehicle (SPV) to be formed between NCC and BGR Mining & Infra with a sharing ratio of 51:49 will execute the challenge.
The value of the challenge is estimated to be Rs 25071 crore to be performed over 25 years.The annual revenue at associated capacity is anticipated at Rs 1000 crore at current costs.
NCC was once quoting at Rs 111.95, up Rs 4.20, or 3.90 percent and BGR energy methods was quoting at Rs 141.50, up Rs 8.25, or 6.19 percent on the BSE.
The Adviser Street is a leading Indian Financial Management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions and high-net-worth individuals.
Visit - Adviser Street
Contact - 8818888127
Shares of NCC touched 52-week high of Rs 114.80, gaining 6.5 % within the early exchange on Wednesday because it has won a contract for mine building and operation of Talaipalli coal block.
The consortium fashioned between NCC and BGR Infra has been awarded a challenge relating to mine building and operation of Talaipalli coal block via NTPC India.
A special purpose vehicle (SPV) to be formed between NCC and BGR Mining & Infra with a sharing ratio of 51:49 will execute the challenge.
The value of the challenge is estimated to be Rs 25071 crore to be performed over 25 years.The annual revenue at associated capacity is anticipated at Rs 1000 crore at current costs.
NCC was once quoting at Rs 111.95, up Rs 4.20, or 3.90 percent and BGR energy methods was quoting at Rs 141.50, up Rs 8.25, or 6.19 percent on the BSE.
The Adviser Street is a leading Indian Financial Management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions and high-net-worth individuals.
Visit - Adviser Street
Contact - 8818888127
Comments
Post a Comment