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flag NCC's stock hit a 52-week low after NHAI barred it from bidding for two years over project delays.

flag NCC shares hit a 52-week low of ₹135 on February 19, 2026, after the National Highways Authority of India (NHAI) barred the company and its subsidiary OBIL from bidding on NHAI tenders for two years, effective February 17. flag The debarment stems from delays on a 2006 highway project in Uttar Pradesh, with NCC blaming NHAI for land delivery issues and citing a favorable arbitration award under appeal. flag Despite the ban, NCC said it faces no immediate financial or operational impact, as its existing order book remains strong. flag The stock recovered slightly to ₹149, with heavy trading and buy interest, but remains down 21% over the past year.

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