NBCC India Ltd awards contract for new works

NBCC India Ltd has awarded the following works:

- Work for Development of Bharat Vandana Park at Sector 20, Dwarka, New Delhi on Design Engineering, Procurement and Construction (EPC) basis to M/s NKG Infrastructure Ltd at their quoted price of Rs. 512.47 Crores.

- Work for construction of Permanent campus (Phase-I) of Indian Institute of Management Visakhapatnam (IIMV) at Gambheeram village, Anandapuram Mandal, Visakhapatnam, Andhra Pradesh530052 on Lumpsum Basis to M/s Shapoorji Pallonji and Company Private Limited at their quoted price of Rs. 392,48,00,000.

Shares of NBCC (India) Ltd was last trading in BSE at Rs.24.5 as compared to the previous close of Rs. 23.8. The total number of shares traded during the day was 1666474 in over 12091 trades.

The stock hit an intraday high of Rs. 24.9 and intraday low of 24. The net turnover during the day was Rs. 40548382.

Source : Equity Bulls

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