Instructure comapny NCC (NSE:NCC, BOM:500294) has secured two orders worth a total of 108.05 billion Indian rupees from state-owned telecom services provider Bharat Sanchar Nigam, according to a Tuesday filing to the Indian stock exchanges.
The first order, worth 26.5 billion rupees, involves the design, supply, construction, installation, upgradation, operation, and maintenance of a middle-mile network of BharatNet in the Uttarakhand telecom circle.
The other order of 81.6 billion rupees entails the design, supply, construction, installation, upgradation, operation, and maintenance of a middle-mile network in Madhya Pradesh, DNH & DD telecom circles.
The construction time for the projects is estimated at three years with a maintenance period of 10 years.
Price (INR): ₹213.45, Change: ₹+8.7, Percent Change: +4.26%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.