22-02-2024 02:12 PM | Source: Accord Fintech
NBCC (India) shines on inking MoUs with Housing and Urban Development Corporation

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

NBCC (India) is currently trading at Rs. 145.35, up by 6.05 points or 4.34% from its previous closing of Rs. 139.30 on the BSE.

The scrip opened at Rs. 145.00 and has touched a high and low of Rs. 146.25 and Rs. 142.50 respectively. So far 3250833 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 176.50 on 05-Feb-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. 147.50 and Rs. 133.55 respectively. The current market cap of the company is Rs. 26145.00 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.86% and 23.38% respectively.

NBCC (India) has entered into the two Memorandum of Understandings (MoUs) with Housing and Urban Development Corporation (HUDCO) on February 21, 2024. The first MoU is for Reinforcing cooperation and collaboration to leverage respective strength for the effective implementation of consultancy services and the second MoU is for Reinforcing cooperation and collaboration to leverage respective strength for the effective implementation of Asset Monetization Activities.

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.