16 Jan 2024

NBCC moves up as its arm bags work order worth Rs 76.62 crore

NBCC (India) is currently trading at Rs. 91.87, up by 0.13 points or 0.14% from its previous closing of Rs. 91.74 on the BSE.

The scrip opened at Rs. 92.20 and has touched a high and low of Rs. 92.70 and Rs. 91.38 respectively. So far 563769 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 94.37 on 12-Jan-2024 and a 52 week low of Rs. 30.96 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 94.37 and Rs. 89.89 respectively. The current market cap of the company is Rs. 16558.20 crore.

The promoters holding in the company stood at 61.75%, while Institutions and Non-Institutions held 14.36% and 23.90% respectively.

NBCC’s wholly owned subsidiary -- HSCC (India) has received work order worth around Rs 76.62 crore from Central council for research in yoga & naturopathy. The work order is for Project Management Consultancy, including statutory approvals and supervisory consultancy for setting up Central Research Institute of Yoga & Naturopathy (CRIYN) CCRYN with 100 bedded Hospital at Dibruaarh (Assam). The order is to be executed within 24 months. 

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.