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NBCC (India) Shares Rally 5% on Rs 150 Crore Order Win

The Order was given by the Post-Graduate Institute of Medical Education And Research.

Shares of NBCC (India) were trading 5% above on 20 September after the company secured an order worth Rs 150 crore from the Khadi and Village Industries Commission. 

The order is for planning, designing, and execution of upcoming works such as the construction of office buildings, redevelopment, residential campus, repair and renovation of KVIC properties Pan India. 

The execution period of the order has yet to be decided. 

September order wins

  1. The company signed a quadripartite MoU with the Ministry of Steel Government of India, National Land Monetization Corp. Ltd, and Rashtriya Ispat Nigam Limited for monetisation of the non-core assets of Rashtriya Ispat Nigam Limited at Visakhapatnam.
  2. The company secured an order from SAIL worth Rs 180 crore for consultancy & project management services for its upcoming infrastructure-related projects for Bokaro Steel Limited plant, township, mines & collieries.
  3. The company received an order from the Kerala State Housing Board worth Rs 2,000 crore to develop a 17.9 acres of land parcel near Kochi’s Marine Drive. 

At 12:00 pm, the shares of NBCC (India) were trading at Rs 59.80 or 1.87% above its previous close on NSE. 

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