Shares of Indian infrastructure giants NCC Ltd and KEC International Ltd saw significant gains in early trading on October 9, 2026, following announcements of substantial new order acquisitions. Both companies reported fresh contracts worth a combined total exceeding Rs 2,300 crore, boosting investor confidence.
NCC Secures Major Road Project
NCC Ltd's shares climbed by 6.46%, reaching Rs 127.70, up from its previous close of Rs 119.95. The company's market capitalization rose to Rs 7,731 crore. This surge followed the receipt of a Letter of Acceptance from Hyderabad Growth Corridor Limited for a major infrastructure project. The contract, valued at Rs 1,286 crore, is for the construction of Radial Road - 2, connecting the Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N (Package-1: Budwel to Shabad) in Telangana State.
KEC International Bags Diverse Orders
KEC International Ltd also experienced a positive market reaction, with its shares rising 5% to Rs 366.50, compared to its prior close of Rs 349.85. The firm's market capitalization reached Rs 9,438 crore. KEC International announced new orders totaling Rs 1,030 crore across several of its business segments:
- Transmission & Distribution (T&D): Projects secured include a 400 kV Transmission line in Bhutan, an additional 380 kV Transmission line in Saudi Arabia, and the supply of towers, hardware, and poles in the Americas.
- Renewables: The company won an order for a 300+ MW Wind project from a prominent private developer located in Southern India.
- Cables & Conductors: Various new orders were secured in both the Indian domestic market and international overseas markets.
These new contracts underscore the robust demand within the infrastructure sector and signal continued growth prospects for both NCC and KEC International.