NBCC surges on bagging work order worth Rs 1500 crore
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NBCC (India) is currently trading at Rs. 83.06, up by 2.91 points or 3.63% from its previous closing of Rs. 80.15 on the BSE.
The scrip opened at Rs. 83.98 and has touched a high and low of Rs. 84.75 and Rs. 82.61 respectively. So far 1029907 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.75 on 14-Dec-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. 84.75 and Rs. 77.47 respectively. The current market cap of the company is Rs. 14427.00 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) has received work order approximate Rs 1500 crore for Construction of 1469 nos. of warehouse and other agri-infrastructure under the World’s largest Grain Storage Plan in Cooperative Sector at Various Location across India from National Cooperative Development Corporation (NCDC), Statutory Corporation under the Ministry of Cooperation/Primary Agriculture Cooperative Society (PACS) in Various States.
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.
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