NBCC Secures Domestic Work Orders Worth ₹108.85 Crore in Agriculture and Education Sectors

State-owned Navratna enterprise NBCC (India) Limited (BSE: 534309, NSE: NBCC) announced that it has bagged project management consultancy work orders aggregating to approximately ₹108.85 Crore (excluding GST). The contracts were secured in the ordinary course of business from domestic government agencies across horticulture and technical education infrastructure.

Key Contract Breakdown & Details

Clean Plant Infrastructure in Srinagar (₹20.42 Crore):

Client: National Horticulture Board

Project Scope: Construction of a Clean Plant Centre Laboratory and Office Building at ICAR-CITH in Srinagar, Jammu & Kashmir, under the National Clean Plant Programme.

Contract Nature: Domestic Project Management Consultancy (PMC) on an arm's-length basis.

Technical Education Hostels in Odisha (₹88.43 Crore):

Client: Directorate of Technical Education and Training, Odisha, Cuttack

Project Scope: Construction of Boys' and Girls' Hostels across various locations in Odisha to boost technical education infrastructure in the state.

Contract Nature: Domestic Project Management Consultancy (PMC) on an arm's-length basis.

Shares of NBCC (India) Limited was last trading in BSE at Rs. 93.85 as compared to the previous close of Rs. 93.15. The total number of shares traded during the day was 486213 in over 4303 trades.

The stock hit an intraday high of Rs. 94.10 and intraday low of 91.35. The net turnover during the day was Rs. 45017349.00.

Source : Equity Bulls

Keywords

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