The contract involves Construction of border and road of length 88.58 kms in the state of Mizoram along Indo Bangladesh Border (IBB).

The nature of the said contract is ‘project management consultancy on deposit work basis'.

NBCC (India) provides civil engineering construction services. As on 31 December 2022, the Government of India held 61.75% stake in NBCC (India).

The company's consolidated net profit declined 16.3% to Rs 69.09 crore despite of 8.1% rise in net sales to Rs 2,116.50 crore in Q3 FY23 over Q3 FY22.

The scrip added 0.71% to end at Rs 35.64 on the BSE.

The domestic bourses are shut today (4 April 2023) on account of Mahavir Jayanti.