NBCC (India) zooms on securing multiple orders worth Rs 491.45 crore
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. 138.30, up by 8.20 points or 6.30% from its previous closing of Rs. 130.10 on the BSE.
The scrip opened at Rs. 136.55 and has touched a high and low of Rs. 141.00 and Rs. 135.60 respectively. So far 2318078 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. 38.10 on 28-Jun-2023.
Last one week high and low of the scrip stood at Rs. 155.90 and Rs. 122.00 respectively. The current market cap of the company is Rs. 25227.00 crore.
The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.27% and 23.98% respectively.
NBCC (India) has bagged total orders worth Rs 491.45 crore. Out of the total, the order worth Rs 112.00 crore received from Central Government Health Scheme (CGHS) Mumbai for Construction of Multifacility Healthcare Complex in Mumbai. The order worth Rs 73.27 crore bagged from Department of Social and Empowerment of Person with Disabilities for Construction of Integrated Infrastructure Complex (IIC) with peripheral Development in Bargarh District of the state of Odisha.
The company has bagged order worth Rs 82.00 crore for Execution of building works of Odisha State Cooperative Bank As PMC. Navodaya Vidyalaya has selected NBCC (India) for Repair & Renovation work at JNV Bhadrak, Odisha for worth Rs 4.85 crore. Another project has been awarded by Samit for worth Rs 8.83 crore for Construction of MP Hall at JNV Sambalpur and JNV Deogar Odisha. The company has received order worth Rs 130.00 crore for construction of Residences at MEA’s plot in INA New Delhi from Ministry of External Affair. The order of Rs 40 crore was secured for Development of Green Building Property on bank’s vacant plot located at S. No. 68 / 2B part, Paradesipalem, Gambhiram, Visakhapatnarn from Union Bank of India.
The company has also bagged order for the interior fit out work at WTC for National Internet Exchange of India worth Rs 6.50 crore. The orders worth Rs 3.30 crore, Rs 23.50 crore, Rs 4.80 crore and Rs 2.40 crore were received from India Optel, Pharmacy Council of India, Armoured Vehicles Nigam and Artificial Limbs Manufacturing Corporation of India, respectively.
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
