NCC Share Price Jumps After ₹2,090.5 Crore Bihar Project Win | Stock Market Today Update

Market Performance

The NCC share price opened Monday’s session on a strong note, gaining as much as 4.77% to ₹218.23 apiece on the NSE. The rally came after the company announced a major contract win worth over ₹2,090 crore.

Despite today’s upmove, NCC has witnessed sharp swings in recent months:

• +17% in the last six months
• -31% over the past one year
• +560% multibagger return in the last five years

This mix of short-term volatility and long-term wealth creation has kept NCC on the radar of both institutional and retail investors.

NCC Bags ₹2,090.5 Crore Project in Bihar

In a regulatory filing dated 15th September 2025, NCC confirmed that it has received a letter of award from the Water Resources Department, Bihar for a large-scale infrastructure project.

The contract includes:

• Construction of Barner Reservoir Scheme in Jamui district
• Development of reservoir and dam structures
• Setting up irrigation canals and other supporting works

Key details of the contract:

• Project Value: ₹2,090.5 crore (excluding GST)
• Execution Timeline: 30 months construction phase
• Defect Liability Period (DLP): 60 months post-completion
• Awarded under domestic contract category
• Not related to any party transaction

This order further strengthens NCC’s position in India’s infrastructure growth story, especially in the water management and irrigation space.

Company Financials – Q1 FY26 Highlights

Alongside this fresh project win, NCC recently reported its Q1 FY26 results, showing a mixed performance.

Revenue & Income

• Revenue from operations: ₹5,178.9 crore (↓ 6.3% YoY)
• Total income: ₹5,207.9 crore (↓ 6% YoY)

Profitability

• Net Profit: ₹192.1 crore (↓ 8.4% YoY vs. ₹209.9 crore in Q1 FY25)
• EBITDA: ₹456.12 crore (↓ 4.3% YoY)
• EBITDA Margin: 8.8% (↑ from 8.6% in Q1 FY25)

Order Book

• Fresh orders in Q1 FY26: ₹3,658 crore
• Consolidated order book as of June 2025: ₹70,087 crore

Summary

The NCC share price surged on Monday after the company secured a ₹2,090.5 crore reservoir project in Bihar. While Q1 FY26 results showed a dip in revenue and profit, margins held steady, and the company’s strong order book of ₹70,087 crore provides visibility for future growth.

In the near term, the stock has seen both ups and downs—rising 17% in six months but losing 31% over a year. Yet, its five-year journey tells a different story, with returns soaring more than 560%, making NCC one of the standout performers in the construction and infrastructure space.