NBCC (India) surges on bagging two work orders worth Rs 313.93 crore

NBCC (India) is currently trading at Rs. 32.95, up by 0.10 points or 0.30% from its previous closing of Rs. 32.85 on the BSE.

NBCC
NBCC

The scrip opened at Rs. 32.85 and has touched a high and low of Rs. 33.45 and Rs. 32.50 respectively. So far 199341 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 53.65 on 17-Jan-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. 33.75 and Rs. 32.40 respectively. The current market cap of the company is Rs. 5940.00 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.21% and 24.04% respectively.

NBCC (India) has been awarded the two work orders worth Rs 313.93 crore. The first order is for Construction & Renovation work of different Primary Health Centres (PHCs), Community Health Centres (CHCs), District Headquarter Hospitals (DHH), Integrated Public Health Labs, Central Sterile Service Dept CSSD & Training Hub etc. identified by NHM Odisha. The company has received first order from Mission Directorate, National Health Mission, Odisha worth Rs 238.93 crore.

The second order is for Construction of CISF Barracks and Trainees – Executive Hostel Complex at Nayveli Township, Cuddalore District, Tamilnadu from NLC India worth around Rs 75 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.

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