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Several government bodies have banned TikTok from staff phones due to growing concerns about the company, which is owned by Chinese firm ByteDance, and whether China's government could harvest users' data to advance its interests.
The third order for Rs 2,324 crores received from North Bihar Power Distribution Co Ltd., is for the Advanced Metering Infrastructure Project. This order with a duration of 9 years and 3 months is required to be executed by NCC itself.
The company, in a regulatory filing on August 1, said its electrical division had bagged four contracts for executing electrical metering and distribution projects.
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Sectorally, buying was seen in consumer durables, realty, metals, and telecom stocks while selling was seen in oil & gas, utilities, public sector, and FMCG.