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.