NBCC (India) Bags New Orders Worth INR2.30 Billion

MT Newswires Live
24 Jan

NBCC (India) (NSE:NBCC, BOM:534309) has secured two new orders worth around 2.30 billion Indian rupees, according to a Friday filing to the Indian bourses.

The first order worth 1.48 billion rupees is from the Ministry of Health and Family Welfare, Government of India, for construction of dwelling units, lecture hall for nursing college and paramedical sciences, and an interactive roof top solar photovoltaic power generation system at AIIMS, Bilaspur.

The other order of 813.5 million rupees is from the Indian Institute of Management, Visakhapatnam, for the provision of project management consultancy services to construct of a new hostel, dining building and allied infrastructure at the permanent campus of IIM Visakhapatnam.

Shares of the company were down nearly 1% in recent trade.

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