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Bloomberg Quint

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Image Credit: Bloomberg Quint

NCC Bags Rs 2,269-Crore Contract For Mumbai Metro Line 6 Development

  • NCC Ltd. secured a Rs 2,269-crore contract for the development of Mumbai Metro Line 6, involving various infrastructural requirements.
  • Construction for the project is expected to span over 24 months, with additional maintenance periods.
  • NCC will be responsible for designing, manufacturing, supplying, and installing platform screen doors, signaling systems, train control, telecommunication systems, and rolling stock integration.
  • Stock performance of NCC has seen a slight decrease, but analyst ratings remain positive with a potential upside in the stock.

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