NBCC (India) Limited has informed the Exchange regarding 'Intimation of Work Orders received by NBCC (India) Limited in the ordinary course of business amounting to Rs 58.61 Cr. approx.'.
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NBCC (India) Limited has received a new work order valued at approximately Rs 58.61 Crore (excluding GST). The order is from Maharaja Sriram Chandra Bhanja Deo University, a state government university in Mayurbhanj, Odisha. The scope of work covers construction of various buildings, roads, and drains, including electrical and mechanical works, to be executed under an Infrastructure Development Grant. The nature of the contract is Project Management Consultancy (PMC), which is NBCC's core business. This is a domestic order with no related party or promoter group interest involved.
This is a small-to-moderate order for NBCC and represents routine business activity. It is unlikely to materially move the stock price, but it adds to the company's existing order book and reinforces its presence in government infrastructure projects.