BSEHighPositive
Announced Wed, 2 Apr · 14:43 IST

As per attached intimation

Business Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC (India) Limited has informed exchanges about two new work orders worth approximately Rs. 215.63 Crore (excluding GST) received in the normal course of business. The larger order of Rs. 166.93 Crore is for Comprehensive Project Management Consultancy services for planning, designing and developing infrastructure at Central University of Haryana, Mahendergarh. The second order of Rs. 48.70 Crore is for Project Management Consultancy services covering demolition, design, engineering, construction and furnishing of the Western Regional Power Committee (WRPC) office at Andheri East, Mumbai. Both clients are government entities — a central university and a statutory power sector body. The company has stated this is routine business activity and the information is also available on its website.

Likely market impact

The orders add to NBCC's order book and reinforce its core government-project management business. While the size is moderate, continued order wins from public sector clients support steady revenue visibility for shareholders.