As per attached intimation

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC (India) Limited has received a new work order valued at approximately Rs. 296.53 Crore (excluding GST) from the Meerut Development Authority (MDA) for re-development projects in Meerut, Uttar Pradesh. The work falls under the company's normal course of business and is classified as a Project Management Consultancy (PMC) contract. The order is domestic in nature, with no related party interest involved. No execution timeline was disclosed in the filing.

Likely market impact

This is a routine order win for NBCC, adding to its existing order book from government and quasi-government clients. While positive, the size is modest relative to NBCC's overall scale and is unlikely to materially move the stock on its own.