Hot Pursuit     11-Jun-24
NBCC zooms on securing new orders worth Rs 878 cr
NBCC surged 9.03% to Rs 155.80 after the firm announced that it has received multiple orders worth Rs 878.17 crore in normal course of business from different entities.
The first order involves the development of 17.4 acres (5 contiguous land parcels) located in Kakkanad Ernakulam District, Kochi & Coine Bliss City bagged from Kochi Metro Rail (KMRL) worth Rs 700 crore.

The subsequent order received from Hindu College, University of Delhi, New Delhi worth Rs 69.71 crore for the construction of Boys College at Hindu College, University of Delhi, New Delhi.

Additionally, the company secured an order for the construction of an office cum training institute for Institute of Company Secretaries of India (ICSI) at Khaitabad, Hyderabad Telangana worth Rs 8.62 crore.

Lastly, it also bagged another order comprising construction of Oil India’s Centralized Core Repository with Advance Laboratory Facilities at Guwahati, Assam worth Rs 99.84 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 24.52% to Rs 141.49 crore in Q4 FY24 on 42.86% increase in revenue from operations to Rs 3,936.98 crore in Q4 FY24 over Q4 FY23.

Previous News
  NBCC (India) consolidated net profit rises 25.52% in the March 2024 quarter
 ( Results - Announcements 29-May-24   07:33 )
  NBCC jumps on approval to develop Rs 10,000-cr projects
 ( Hot Pursuit - 22-Feb-24   10:51 )
  NBCC (India) Ltd leads gainers in 'A' group
 ( Hot Pursuit - 02-Feb-24   12:00 )
  NBCC wins work order of Rs 100 cr from REC
 ( Corporate News - 24-Jun-24   10:57 )
  NBCC (India) Ltd Spurts 5.94%, S&P BSE India Infrastructure index Gains 1.34%
 ( Hot Pursuit - 29-Jan-24   09:30 )
  NBCC jumps after signing MoU with HUDCO
 ( Hot Pursuit - 22-Feb-24   12:06 )
  NBCC (India) wins work order of Rs 150 cr from SAIL ISP, Burnpur
 ( Corporate News - 27-Dec-23   13:00 )
  NBCC and HUDCO signs two MoUs
 ( Corporate News - 22-Feb-24   13:03 )
  NBCC (India) bags order worth Rs 80 cr
 ( Hot Pursuit - 14-Oct-23   15:35 )
  NBCC (India) AGM scheduled
 ( Corporate News - 12-Aug-23   17:05 )
  NBCC (India) announces board meeting date
 ( Corporate News - 27-Jan-24   15:40 )
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