NBCCBSENBCC (India) LtdHighPositive
Announced Fri, 10 Jul · 14:47 IST

NBCC subsidiary HSCL bags work orders worth Rs 158.95 Cr in Odisha

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Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹98.00
prior close
₹99.33
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AI summary

NBCC subsidiary HSCL received four work orders worth Rs 158.95 Cr (excluding GST) for construction projects in Odisha. These include a Mega Education Complex (Rs 70.59 Cr) and DD University Works (Rs 17.24 Cr) from District Mineral Foundation Keonjhar, plus two new Kendriya Vidyalaya campuses in Angul and Sambalpur districts (Rs 35.56 Cr each) from Kendriya Vidyalaya Sangathan. All are domestic projects on Project Management Consultancy deposit work basis in the ordinary course of business.

Likely market impact

Positive order inflow adds to HSCL and NBCC order book in government education infrastructure; modest scale relative to overall revenue.