Hot Pursuit     20-Feb-24
NBCC (India) rises on Rs 560-cr order win
NBCC (India) advanced 1.84% to Rs 143.90 after the company announced that it has received order from National Institute of Technology, Sikkim worth Rs 560 crore.

The order constitutes construction of permanent campus of NIT Sikkim at Dung dung Khamdong at Gangtok in Sikkim.

Meanwhile, the company has also received the first from Rani Lakshmi Bai Central Agricultural University, Jhansi for upcoming infrastructure development works of the university and new campus viz Morena / Khajurao, Newari worth Rs 331.9 crore.

The subsequent order is bagged from High Court, state of Telangana for construction of single court complex and residential quarter at Boath in Adilabad worth Rs 12.17 crore.

Lastly, another order has been received from Institute of Chartered Accountants of India (ICAI) for renovation and furnishing project ICAI Bhawan, C1, Sector-1 of Noida in Uttar Pradesh worth Rs 24.98 crore.

The total order value aggregated to Rs 369.05 crore.

NBCC (India) is in business of operates into three major segments namely Project Management Consultancy, Real Estate and Engineering Procurement & Construction.

The company’s consolidated net profit jumped 60.30% to Rs 110.74 crore on 13.65% increase in net sales to Rs 2,405.5 crore in Q3 FY24 over Q3 FY23.

Previous News
  NBCC (India) reports consolidated net profit of Rs 75.14 crore in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   07:40 )
  NBCC secures order worth Rs 100 crore
 ( Hot Pursuit - 24-Jun-24   11:27 )
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  NBCC awards building construction contract worth Rs 301 cr
 ( Corporate News - 04-Aug-23   10:31 )
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  NBCC (India) announces appointment of nominee directors
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 ( Hot Pursuit - 15-Apr-24   09:30 )
  NBCC rises on bagging orders worth Rs 104 crore in February
 ( Hot Pursuit - 16-Mar-22   13:50 )
  NBCC arm bags order from AIIMS for Rs 81 cr
 ( Hot Pursuit - 27-Mar-23   09:46 )
  NBCC (India) secures orders worth Rs 300.41 cr in Nov
 ( Corporate News - 14-Dec-22   16:24 )
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