NBCC surges on receiving work orders worth Rs 369.05 crore
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NBCC (India) is currently trading at Rs. 144.55, up by 3.25 points or 2.30% from its previous closing of Rs. 141.30 on the BSE.
The scrip opened at Rs. 142.55 and has touched a high and low of Rs. 147.50 and Rs. 142.55 respectively. So far 1177525 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. 126.05 respectively. The current market cap of the company is Rs. 25434.00 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 received three work orders worth around Rs 369.05 crore. The company has bagged first order for Rs 331.9 crore from Rani Lakshmi Bai Central Agricultural University, Jhansi for Upcoming infrastructure Development works of Rani Lakshmi Bai Central Agricultural University at Jhansi, Datia and new campus viz Morena / Khajurao, Newari.
The company has received second order worth Rs 12.17 crore from High Court for State of Telangana for Construction of Single court Complex and Residential Quarter at boath, Adilabad District Telangana. The company also received third order worth Rs 24.98 crore from Institute of Chartered Accountants of India for Renovation and furnishing project of ICAI Bhawan, C1 Sector-1, Noida, U.P.
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.
