NBCC India Ltd and DTC update on development of land parcels

NBCC (India) Limited and Delhi Transport Corporation (DTC), for Development of various Land Parcel(s) at Shadipur colony, Vasant Vihar depot, Hari Nagar Depot and Hari Nagar colony.

The estimated cost of construction for the said work has increased to Rs. 1,942/- crore including the NBCC fee. out of which Rs. 1,000/- was sanctioned to NBCC in FY 2020-21.

Accordingly, in continuation, additional business amounting Rs. 942/- crore has accrued to NBCC.

Shares of NBCC (India) Limited was last trading in BSE at Rs. 46.85 as compared to the previous close of Rs. 47.5. The total number of shares traded during the day was 920152 in over 5245 trades.

The stock hit an intraday high of Rs. 47.95 and intraday low of 46.15. The net turnover during the day was Rs. 43275307.

Source : Equity Bulls

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