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27-12-2024 02:22 PM | Source: Accord Fintech
NBCC (India) rises on bagging work orders worth around Rs 368.75 crore

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NBCC (India) is currently trading at Rs. 92.68, up by 0.60 points or 0.65% from its previous closing of Rs. 92.08 on the BSE.

The scrip opened at Rs. 92.97 and has touched a high and low of Rs. 93.29 and Rs. 92.10 respectively. So far 443391 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 139.83 on 28-Aug-2024 and a 52 week low of Rs. 52.51 on 27-Dec-2023.

Last one week high and low of the scrip stood at Rs. 95.57 and Rs. 91.74 respectively. The current market cap of the company is Rs. 25056.00 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 13.20% and 25.05% respectively.

NBCC (India) has received work orders worth around Rs 368.75 crore. Out of the total, the company has received first order worth around Rs 24.38 crore from IIT Roorkee, Uttarakhand for construction of Mehta Family School of Data Science and Artificial Intelligence including internal EI, HVAC, Firefighting, Fire Alarm, Lifts, Audio Visual System, CCTV and BMS installation and development works at IIT Roorkee, Uttarakhand. The company has received second order worth around Rs 300 crore from Varanasi Development Authority, VDA, Varanasi for development of Jawaharlal Nehru Commercial Complex (JLNCC) Englishya Lines, Varanasi (Uttar Pradesh) on self-sustainable model.

The company also bagged order worth around Rs 44.37 crore from Power Grid Corporation of India for construction and furnishing of 500 bedded Multi-Storey ‘Vishram Sadan’ at AIIMS Gorakhpur, Uttar Pradesh.

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.