BSEMediumPositive
Announced Thu, 1 May · 10:50 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 been awarded a work order worth approximately Rs. 95.66 crore (excluding GST) for renovation work of the Sushma Swaraj Institute of Foreign Service in New Delhi. The client is the Sushma Swaraj Institute of Foreign Service, under the Ministry of External Affairs. The company has clarified that this work is in the normal course of business. NBCC is a public sector construction company, and this order adds to its existing order book.
Likely market impact
This is a small government sector order and is part of NBCC's regular business operations. It should have a minimal impact on the stock price, though it adds modestly to the company's order book visibility.