Nagarjuna Construction Company (NAGARCON) in engaged in infrastructure activities. It was set up in 1978. The company`s principal activities include industrial and commercial buildings, roads, bridges and flyovers, water supply, housing, environmental projects, power transmission lines, irrigation and hydropower projects, real estate development, and social amenities. The company has executed projects like the 1,154 residential units housing complex for NPC, Kaiga, Karnataka; the 700,000 sq. ft. SAF Games Village, Chennai; the 1.4 million sq. ft. National Games Village, Bangalore; and the ISRO residential complex, Bangalore. Recent contracts bagged by the company include constructing the Embassy of India complex at Kathmandu, Nepal, paint shop and HRK hall at Chakan, Maharashtra for Volkswagen India; raw water storage reservoir at Visakhapathatnam for Brandix India Apparel City; an engineering, procurement and construction contract in consortium with POSCO E & C of South Korea from Steel Authority of India; IV phase bridges for Karnataka Road Development Corporation; water treatment plant for Ahmedabad Municipal Corporation; Shell and Core in SEZ Infocity in Hyderabad for Satyam Computer Services; civil works for construction of a mall for Market City Mumbai project for Offbeat Developers; a civil construction BOT contract comprising of design, engineering, construction, development of a road project from Pondicherry to Tindivanam section on NH 66 in the State of Tamil Nadu; an irrigation project in district Kurnool awarded by the government of Andhra Pradesh and irrigation & CAD (PW) department; a cricket stadium at Mohali in Chandigarh for Punjab Cricket Association; Some of the company`s subsidiaries include NCC Infrastructure Holdings, NCC-Vizag Urban Infrastructure, NCC Urban Infrastructure and OB Infrastructure, Patnitop Ropeway & Resorts. The registered office of the company is at 41, Nagarjuna Hills, Punjagutta, Hyderabad-500082, Andhra Pradesh.
Update
05 Sep 2011: NCC Ltd has secured new orders aggregating Rs. 629 crores. One order valued at Rs. 399 crores is secured from the Water Resources Division Raigarh, Chhattisgarh for construction of Saradih Barrage with vertical lift gates to be completed over a period of 24 months. One order valued at Rs. 159 crores is secured from the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), Mumbai for Turnkey Contracts for Single Phasing Scheme to be completed over a period of 12 months. One Order valued at Rs. 71 crores is secured from the Bharat Cocking Coal Limited, Dhanbad for Removal of OB, Extraction and Transportation of Coal to be completed over a period of 20 months. This is the reason that stock has today seen a massive jump of 7.42% in the price in positive side and this reveals the importance of having the correct information at the right time to make money in a single day.
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