NACDAC Wins ₹8.98 Cr BEL Order; Shares Hit 5% Upper Circuit

Mumbai April 10: NACDAC Infrastructure Limited has secured a work order from Bharat Electronics Limited (BEL), adding a defence-linked project to its execution pipeline.

The contract involves construction of a test platform along with ramp infrastructure under the “Arudhra” project at BE-GAD. The total order value stands at ₹8.98 crore, the company said in an exchange filing.

The company described the order as part of its normal course of business. Still, the strategic undertone is hard to miss. This is the kind of project that can strengthen credentials beyond its immediate value.

Stock Market Snapshot

NACDAC Infrastructure Limited share price reacted sharply to the development, with the stock hitting its upper circuit limit during the session.

The stock was seen at ₹38.43, up ₹1.83 or 5.00%, locking at the maximum permissible gain for the day.

The NACDAC Infrastructure Limited share price has shown a pattern.

Building Capabilities Across Infrastructure Segments

NACDAC Infrastructure Limited operates across a range of construction activities, including multi-storey buildings, steel structures, bridges and allied civil works.

It also undertakes electrical infrastructure execution, covering both low-tension and high-tension systems. This combination allows it to bid for integrated projects rather than standalone civil work.

Over time, the company has built certifications around quality, safety and environmental standards. These become especially relevant when dealing with institutional or government clients.

Small Order, But A Signal Worth Noting

At ₹8.98 crore, the order does not materially alter the company’s revenue outlook.

The upper circuit move reflects optimism.

Source:

• https://www.bseindia.com/stock-share-price/nacdac-infrastructure-ltd/nacdac/544313/corp-announcements/
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/d7142f83-7735-4d78-8dab-9a2b0d455207.pdf