NBCC secures business worth Rs743.26cr in Nov; stock gains 3%

Recently, the company bagged an order worth Rs172cr from the Ministry of Skill Development and Entrepreneurship, Government of India.

Dec 13, 2018 06:12 IST India Infoline News Service

Shares of NBCC gained 3% in the noon session on Thursday after the company informed the exchanges that it had secured business worth Rs743.26cr in November.

Recently, the company bagged an order worth Rs172cr from the Ministry of Skill Development and Entrepreneurship of the Government of India. The scope of the project includes the construction of an office building in New Delhi. Read more.

NBCC (India)'s share price is currently at Rs53.45, up by Rs1.2 or 2.3%, from its previous close of Rs52.25 on the BSE.

The scrip opened at Rs53.10 and has touched a high and low of Rs53.85 and Rs52.65, respectively. So far, 45,43,839 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs9,405cr.

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