NBCC India Ltd purchases land in Dubai for mixed-use development

NBCC (India) Limited has taken a step in international real estate by starting its overseas real estate operations in Dubai through NBCC Overseas Real Estate LLC. (Wholly owned subsidiary). The NBCC Overseas Real Estate LLC bought a prime land parcel of area 14,776.80 sq feet worth AED 15 million in Dubai Mainland for mixed-use development.

Shares of NBCC (India) Limited was last trading in BSE at Rs. 116.25 as compared to the previous close of Rs. 116.30. The total number of shares traded during the day was 274114 in over 1922 trades.

The stock hit an intraday high of Rs. 117.20 and intraday low of 115.50. The net turnover during the day was Rs. 31907899.00.

Source : Equity Bulls

Keywords

NBCCIndia INE095N01031 RealEstate Dubai UAE