Announced Tue, 16 Jun · 14:52 IST
NBCC bags work orders worth Rs. 20.92 Cr from govt/PSU clients
NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹107.32
prior close
₹108.86
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.5+0.4-0.1+5.3+2.4+4.2+2.4+1.4-0.3-11.5-9.4——
Up moveDown movePending
AI summary
NBCC (India) has secured two domestic work orders totaling Rs. 20.92 Cr (excl. GST) on a Project Management Consultancy basis. Order 1 worth Rs. 8.48 Cr is from Chennai Port Authority for improvement works to Medical and Surgical Blocks of ChPA Hospital. Order 2 worth Rs. 12.44 Cr is from PowerGrid Corporation of India for constructing a 150-bedded Vishram Sadan at Government General Hospital, Kurnool, AP. Both orders are in the normal course of business with no related-party interest.
Likely market impact
Small order wins relative to NBCC's large order book; incremental positive but unlikely to materially move the stock.