Announced Fri, 24 Jul · 20:08 IST
NBCC wins work orders worth Rs 108.85 Cr from government clients
NBCC · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹94.00
prior close
₹94.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.8+0.9+0.4——————————
Up moveDown movePending
AI summary
NBCC secured two domestic work orders totaling Rs 108.85 Cr (excluding GST) on a Project Management Consultancy basis. Order 1 of Rs 20.42 Cr from National Horticulture Board covers Clean Plant Centre Laboratory at ICAR-CITH Srinagar. Order 2 of Rs 88.43 Cr from Odisha Directorate of Technical Education covers Boys and Girls Hostel construction in Odisha. Both are in the normal course of business.
Likely market impact
Positive for order book visibility from government sector clients; routine size, not material enough to move stock sharply.