Hot Pursuit     14-Dec-23
NBCC soars after bagging Rs 1,500 crore contract from NCDC, PACS
NBCC (India) jumped 5.14% to Rs 84.29 after the company said that it has bagged a construction order from National Cooperative Development Corporation (NCDC) and Primary Agriculture Cooperative Society (PACS) in various States worth Rs 1,500 crore.

National Cooperative Development Corporation is a statutory corporation under the Ministry of Cooperation.

The EPC contract involves construction of 1,469 warehouses and other agri-infrastructure under the World's Largest Grain Storage Plan in the Cooperative Sector at various locations across India.

NBCC (India) provides civil engineering construction services. As on 30 June 2023, the Government of India held 61.75% stake in NBCC (India).

The company's consolidated net profit had declined 16.62% to Rs 79.59 crore despite a 1.72% rise in sales to Rs 2,047.70 crore in Q2 FY24 over Q2 FY23.

Previous News
  NBCC appoints CFO
 ( Corporate News - 27-Jun-24   17:49 )
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 ( Corporate News - 29-Feb-24   15:24 )
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  NBCC (India) Ltd Surges 11.76%, S&P BSE India Infrastructure index Gains 1.64%
 ( Hot Pursuit - 02-Feb-24   09:30 )
  NBCC rises on bagging orders worth Rs 352 cr
 ( Hot Pursuit - 10-Jan-24   14:21 )
  NBCC (India) wins order of Rs 560 cr
 ( Corporate News - 20-Feb-24   15:18 )
  NBCC receives Govt. of Haryana approval for revised project cost
 ( Corporate News - 10-Jan-24   13:07 )
  NBCC zooms on securing new orders worth Rs 878 cr
 ( Hot Pursuit - 11-Jun-24   15:05 )
  NBCC gains on MoU with Currency Note Press for providing various construction services
 ( Hot Pursuit - 04-Jul-23   13:55 )
  NBCC (India) wins order of Rs 150 cr
 ( Corporate News - 18-Dec-23   12:26 )
  NBCC bags order worth Rs 350 cr
 ( Hot Pursuit - 25-Feb-23   15:21 )
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