NBCC India Ltd receives LoI from Seychelles Government

Govt. of Republic of Seychelles has issued a Letter of Intent and in-principle agreed to engage the NBCC (India) Limited as the Project Management Consultant to render services such as planning, design, procurement of 1008 affordable housing units and the associated infrastructure requirements including sewage treatment plant (STP).

The said project of USD 75 Mn is to be funded by EXIM bank under Line of Credit (LoC) scheme.

Shares of NBCC (India) Limited was last trading in BSE at Rs. 77.51 as compared to the previous close of Rs. 80.53. The total number of shares traded during the day was 1375982 in over 9787 trades.

The stock hit an intraday high of Rs. 80.65 and intraday low of 77.17. The net turnover during the day was Rs. 108068969.00.

Source : Equity Bulls

Keywords

NBCCIndia INE095N01031 OrderWin LoI