03-11-2023 10:25 AM | Source: Reuters
NBCC moves up as its arm receives work orders worth Rs 212 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. 67.75, up by 0.38 points or 0.56% from its previous closing of Rs. 67.37 on the BSE.

The scrip opened at Rs. 68.49 and has touched a high and low of Rs. 68.49 and Rs. 67.56 respectively. So far 547508 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.30 on 20-Oct-2023 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. 68.49 and Rs. 63.20 respectively. The current market cap of the company is Rs. 12126.60 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.35% and 23.90% respectively.

NBCC (India)’s wholly owned subsidiary -- HSCC (India) has received two work orders worth Rs 212 crore from Directorate General, Medical Education and Research, Haryana.

The company has received first order worth Rs 75 crore for Planning and procurement of hospital, furniture, biomedical equipment, installation and long-term maintenance for under construction University of Health Sciences Kutail at Karnal, Haryana. The company has bagged another order worth Rs 137 crore for Planning and procurement of hospital furniture, bio-medical equipment, installation and long-term maintenance for under construction Government Medical College at Koriyawas, Mahendergarh and Pt. Neki Ram Sharma Government Medical College, Bhiwani, Haryana. 

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.