Shares of NBCC (India) Ltd were trading in the green and 1% higher on 12 December after the company announced securing two new orders worth Rs 289 crore. 

The Nalco order, worth around Rs 255.50 crore, assigns NBCC to oversee civil, electrical, water supply, horticulture, and construction projects. This includes repairs to RCC/civil structures, demolition of existing buildings, new construction, civic amenities, and other development projects at Nalco’s office and township.

The SAIL Bokaro order for Rs 33.89 crore involves desilting Cooling Pond #1, which includes both hot and cold water chambers.

The company reported a total income of Rs 3,017.16 crore, up 20% year-on-year and 22% quarter-on-quarter.  Profit before tax increased by 23% year on year and 13% quarter on quarter to Rs 204.75 crore. Profit after tax increased by 25.21% year on year and 16.04% quarter on quarter to Rs 156.68 crore.

NBCC (India) is a construction business. Its services include project management consulting, real estate, engineering procurement, construction, civil engineering, and redevelopment.  NBCC also supplies water treatment plants, water supply networks such as raw water mains, and solid waste management.

At 1:40 pm, the shares of NBCC (India) were trading 0.66% higher at Rs 109.03 on NSE. 

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