05-01-2024 10:21 AM | Source: Accord Fintech
NBCC gains on bagging work orders worth Rs 98 crore

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NBCC (India) is currently trading at Rs. 88.15, up by 0.53 points or 0.60% from its previous closing of Rs. 87.62 on the BSE.

The scrip opened at Rs. 88.09 and has touched a high and low of Rs. 89.46 and Rs. 87.78 respectively. So far 753094 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 89.99 on 04-Jan-2024 and a 52 week low of Rs. 30.96 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 89.99 and Rs. 79.00 respectively. The current market cap of the company is Rs. 15840.00 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.36% and 23.90% respectively.

NBCC (India) has received work orders worth around Rs 98 crore. The company has received 5 work orders from Navodaya Vidyalaya Samiti. The company has received first order worth Rs 50 crore for Construction of Phase-A Work at JNV Distt. Kamrup Metro (Assam), the second order worth Rs 12 crore for Construction of Phase-B Work at JNV North Garo Hills (Meghalaya), the third order wroth Rs 12 crore for Construction of Phase-B Work at JNV West Garo Hills (Meghalaya), the fourth order worth Rs 12 crore for Construction of Phase-B Work for JNV West Tripura and the fifth order worth Rs 12 crore for Construction of Phase-B Work for JNV Unakoti Tripura.

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.