Nisus Finance Services was trading at RS 313.00 on the BSE, gaining RS 2.15 or 0.69% from its previous close of RS 310.85.
The stock opened at RS 308.05 and moved between an intraday high of RS 324.00 and a low of RS 301.25. A total of 27,200 shares were traded during the session.
The BSE Group ‘M’ stock, with a face value of RS 10, has recorded a 52-week high of RS 571.40 on 14 January 2025 and a 52-week low of RS 260.00 on 15 December 2025. Over the past week, the scrip touched a high of RS 324.00 and a low of RS 283.15. The company’s current market capitalisation stands at RS 747.27 crore.
Promoters hold 73.26% stake in the company, while institutional investors and non-institutional investors hold 2.41% and 24.33% respectively.
Meanwhile, the company’s subsidiary New Consolidated Construction Company (NCCCL) has received a Letter of Award (LoA) from Lodha Developers for the construction of Tower 1 and associated non-tower ancillary structures at Lodha Alibaug, located at Mandwa, Alibaug. The project has been awarded through a competitive bidding process and covers a total built-up area of around 7.26 lakh sq. ft., with an estimated contract value of RS 112.5 crore, excluding GST.
The project includes a G+3 podium with 35 upper floors, overhead tanks (OHT), lift machine rooms (LMR), and G+3 non-tower ancillary structures. This development marks the first residential tower within the over 200-acre township and forms part of Phase 1 of the project.
NCCCL’s scope of work includes reinforced cement concrete (RCC) works, which constitute the core structural package and are among the most execution-intensive and time-critical components of high-rise residential construction. Construction at the Mandwa, Alibaug site is expected to commence around mid-January 2026, with an execution timeline of approximately 24 months.
This is NCCCL’s third project with the Lodha Group, following the successful completion of a residential development at Palava spanning about 13 lakh sq. ft. across 11 towers, and a commercial building project in Thane.
Nisus Finance Services is primarily engaged in transaction advisory services, while its subsidiaries, step-down subsidiaries, and associate companies operate in real estate and urban infrastructure fund and asset management.