NCC Share Price Crashes 10% to 52-Week Low as NHAI Imposes Two-Year Tender Ban

Shares of NCC Ltd, one of India’s well‑known infrastructure companies, plunged sharply this week. The stock fell nearly 10% and hit a fresh 52‑week low, shocking investors and traders alike. The main trigger was a two‑year tender ban imposed by the National Highways Authority of India (NHAI) on NCC and its step‑down subsidiary. Here’s how things unfolded and what it means for the company and the market.