NBCC gains as its arm bags work order worth Rs 443.61 crore
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NBCC (India) is currently trading at Rs. 185.35, up by 0.80 points or 0.43% from its previous closing of Rs. 184.55 on the BSE.
The scrip opened at Rs. 185.75 and has touched a high and low of Rs. 186.15 and Rs. 183.05 respectively. So far 379844 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 198.25 on 09-Jul-2024 and a 52 week low of Rs. 43.30 on 3-Aug-2023.
Last one week high and low of the scrip stood at Rs. 190.20 and Rs. 173.80 respectively. The current market cap of the company is Rs. 33030.00 crore.
The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 13.89% and 24.35% respectively.
NBCC’s (India) subsidiary-- Hindustan Steelworks Construction (HSCL) has received work order from Medical Education & Ayush Government of Maharashtra for two projects worth Rs 443.61 crore. The company has bagged first order worth Rs 403.89 crore for Construction of New Government Medical College of 100 student capacity & 430 bedded Hospital at Parbhani. The company has bagged another order worth Rs 39.72 crore for Construction of Residential Doctors & Interns Hostel Building in Premises of Shri Chatrapati Shivaji Maharaj Sarvopchar Rugnalaya at Solapur.
NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.
