Shares of NBCC India Ltd skyrocketed 11% on 11 June after the company’s construction subsidiary secured orders worth Rs 878 crore. 

In its regulatory filing, the company said that NBCC secured a Rs 700 crore contract from Kochi Metro Rail Limited (KMRL) to develop 17.4 acres in the Kochi suburbs of Kakkanad and Ernakulam.

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

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

Furthermore, the company also received an order worth Rs 99.84 crore from Oil India to build a centralised core repository with state-of-the-art laboratory facilities in Guwahati, Assam.

At 3:30 pm, the shares of NBCC India closed 9.95% higher at Rs 157.19 on NSE.