NCC Share Price Surges on ₹2,269 Crore Contract for Mumbai Metro Line 6 Project

NCC Ltd has been awarded a contract worth ₹2,269 crore (excluding GST) by the Mumbai Metropolitan Region Development Authority (MMRDA). As per the filing, the project falls under Mumbai Metro Line 6 – Package 1-CA-232, covering the stretch from Swami Samarth Nagar to Vikhroli (EEH).

The contract involves the design, manufacture, supply, installation, integration, testing, and commissioning of multiple systems. These include rolling stock, signalling and train control, telecom infrastructure, platform screen doors, and depot machinery and plant.

Execution Timeline

The contract comes with a 24-month construction timeline. After construction, there is a 2-year defect liability maintenance period. This is followed by a 5-year comprehensive maintenance period, making it a long-term engagement.

The order was issued by a domestic government agency. NCC confirmed that there is no promoter or related party involvement in the awarding body. The company also clarified that the transaction does not qualify as a related party deal.

On June 30, 2025, NCC announced orders worth ₹1,690.5 crore for its building division from state and private organisations. These projects are separate from the Metro Line 6 contract.

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Order Book and Financials

As of March 31, 2025, NCC’s consolidated order book stood at ₹71,568 crore. During FY25, the company secured fresh orders worth ₹32,888 crore. In Q4 FY25, it reported a 6% rise in net profit year-on-year, reaching ₹253.8 crore.

NCC Share Price Performance

As of 10:40 AM on July 14, 2025, NCC share price was trading at ₹224.32, a 1.13% increase.

Conclusion

The contract is part of Mumbai’s metro infrastructure development. It adds a new systems-focused project to NCC’s portfolio, with defined timelines for construction and post-completion maintenance.

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