NBCC rises on securing work order worth Rs 50 crore
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NBCC (India) is currently trading at Rs. 180.95, up by 1.40 points or 0.78% from its previous closing of Rs. 179.55 on the BSE.
The scrip opened at Rs. 176.20 and has touched a high and low of Rs. 183.45 and Rs. 174.50 respectively. So far 1462900 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 198.25 on 09-Jul-2024 and a 52 week low of Rs. 43.30 on 03-Aug-2023.
Last one week high and low of the scrip stood at Rs. 190.20 and Rs. 173.80 respectively. The current market cap of the company is Rs. 32580.00 crore.
The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 13.89% and 24.35% respectively.
NBCC (India) has received work order worth around Rs 50 crore from Ministry of External Affairs. The order is for construction of regional passport office in Srinagar, J&K. The aforesaid work is in the normal course of business of the Company.
Earlier, the company’s subsidiary-- Hindustan Steelworks Construction (HSCL) had received work order from Medical Education & Ayush Government of Maharashtra for two projects worth Rs 443.61 crore.
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.
