Shares of infrastructure company NCC Limited rallied over 5% in today's trading session after the company announced it had received a significant order from the Telangana government.
According to a Samayam Telugu report, the small-cap category company's stock entered profits after a long period.
With buying support, the company's shares saw a significant rally, bringing profits to its investors.
However, as reported by Samayam Telugu, this stock has been experiencing significant losses over the past year.
In the last year, NCC Limited shares lost 41% of their value.
This major order from the Telangana government is crucial for NCC Limited, potentially helping to improve the company's financial standing and regain investor confidence.
