NBCCBSENBCC (India) LtdHighPositive
Announced Fri, 3 Jul · 18:36 IST

NBCC bags work orders worth Rs. 132.28 Cr from government bodies

Govt Defence OrderBusiness Updates View source PDF

NBCC · price

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Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹102.34
prior close
₹103.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.4-1.4-1.1-3.8-7.2-4.2-2.2-0.9-4.5-7.3
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AI summary

NBCC (India) has secured three domestic work orders worth about Rs. 132.28 Crore excluding GST. Two orders from Navodaya Vidyalaya Samiti for constructing permanent campuses at JNV in South Salmara and West Karbi Anglong, Assam, worth Rs. 55.46 Cr each. One order from Sports and Youth Services Department, Govt. of Odisha for a 200-bed sports hostel in Sambalpur worth Rs. 21.36 Cr. All are Project Management Consultancy contracts in the ordinary course of business.

Likely market impact

Adds about Rs. 132 Cr to order book from regular government clients, supporting steady revenue pipeline though not a major surprise.