NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NBCC (India) Ltd has received two domestic work orders totalling approximately Rs. 52.14 crore (excluding GST). The first order is for the construction of Indian Overseas Bank's office building in Amaravati, Andhra Pradesh, valued at Rs. 20.15 crore. The second order is for operation and maintenance services of the New Sports Injury Centre (SIC) building for two years, awarded by the Ministry of Health & Family Welfare, valued at Rs. 31.99 crore. Both contracts are in the nature of Project Management Consultancy and are stated to be in the normal course of business.
The combined order value of Rs. 52.14 crore is modest relative to NBCC's scale and does not materially alter the revenue outlook. The contracts are routine in nature and should be viewed as steady execution pipeline additions.