NBCC (India) Limited has informed the Exchange regarding 'Intimation of work order received by NBCC in normal course of business, amounting Rs. 161.55 Crore (Approx.)'.
NBCC · price
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On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NBCC (India) Limited has been awarded a work order valued at approximately Rs. 161.55 crore (excluding GST) by Power Finance Corporation Limited, a government-owned financial entity. The scope of work involves interior works at Tower-H of the World Trade Centre located in Nauroji Nagar, New Delhi. The company filed this intimation with the stock exchanges on May 21, 2025, stating that this falls within its normal course of business. NBCC is a public sector construction company, and this adds to its existing project pipeline.
This is a routine mid-sized order win for NBCC and is unlikely to materially impact the stock price. Given that NBCC's annual revenue runs into several thousand crores, this order represents a small incremental addition to its order book rather than a game-changing development.