NBCC (India) Bags New Orders Worth INR6.58 Billion; Shares Up 3%

MT Newswires Live
25 Mar

NBCC (India) (NSE:NBCC, BOM:534309) has secured new orders worth 6.58 billion Indian rupees, according to a Tuesday filing to the Indian stock exchanges.

Of the total, the company bagged an order of 4.39 billion rupees from the Uttarakhand Investment and Infrastructure Development Board for the Rodi Belwala area revitalization, Sati Kund and surrounding development, Har ki Pauri and Subhash Ghar revitalization, and redevelopment of parking and commercial area at upper road opposite the railway station in Haridwar.

It also received a 2.19 billion-rupee project management consultancy services contract from the Centre for development of Telematics (C-DOT) for planning, supervision, construction, and development of various buildings including data center, housing and hostels, and a technical block at the C-DOT Campus in New Delhi, India.

Shares of the company were up nearly 3% in recent trade.

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