NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NBCC (India) Ltd has received work orders worth approximately Rs. 103.47 crore (excluding GST) from Power Finance Corporation Limited (PFC). PFC has appointed NBCC as Project Management Agency to execute various Corporate Social Responsibility (CSR) projects across multiple states. The company clarified that this work is in the ordinary course of business. NBCC shares are listed on both NSE (NBCC/EQ) and BSE (Scrip Code: 534309).
The order value of Rs. 103.47 crore represents a moderate new business win for NBCC, but it is not large enough to significantly impact the company's financials given NBCC's scale of operations. It demonstrates continued government sector business flow.