The announcement was made during market hours today.

NBCC (India) provides civil engineering construction services. The Government of India held 61.75% stake in NBCC (India).

The company's consolidated net profit declined 11.12% to Rs 83.04 crore on a 5.11% fall in sales to Rs 1971.98 crore in Q3 FY22 over Q3 FY21.

On a year-to-date (YTD) basis, the stock has declined 16.74% while the benchmark Sensex has lost 2.84% during the same period.

On the technical front, the scrip is currently trading below its 50-day, 100-day and 200-day simple moving average placed at 44.21, 44.31 and 46.61, respectively.