NBCC gains on bagging order worth Rs 350 crore

NBCC (India) is currently trading at Rs. 33.00, up by 0.05 points or 0.15% from its previous closing of Rs. 32.95 on the BSE.

NBCC
NBCC

The scrip opened at Rs. 33.95 and has touched a high and low of Rs. 33.95 and Rs. 32.80 respectively. So far 260482 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 43.80 on 30-Nov-2022 and a 52 week low of Rs. 26.70 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 34.35 and Rs. 32.30 respectively. The current market cap of the company is Rs. 5931.00 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.26% and 23.99% respectively.

NBCC (India) has been awarded a work of Project Management Consultant (PMC) for Complete Planning, Design, Execution/ Construction of Buildings and its services and other maintenance and upgradation works of existing buildings etc. under conventional/ EPC Contract Mode as per scope of work for various buildings at Motilal Nehru National Institute of Technology (MNNIT), Allahabad having value of Rs 350 crore.

Earlier, the company had secured the total business of Rs 194.17 crore in the month of January, 2023.

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.