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NBCC share price gains amid stock market crash on THIS ₹519 crore order book update , check details


Stock Market Today: NBCC share price gained in the intraday trades on Friday  amid stock market crash on This order book update.

NBCC Order win details

NBCC India Ltd on Thursday post the market hours had announced having received a work order in the normal course of business. As per the release by NBCC (India) Limited on the National Stock Exchange of India and the BSE or the Bombay Stock Exchange, ita has recently been awarded the new work of Navodaya Vidyalaya Samiti. The work is spread across four states. These four states include 3 North Eastern states of Assam, Manipur, Arunachal Pradesh while the fourth state is Telangana

NBCC India will be taking up Construction work of Permanent Campus of two Jawahar Navodaya Vidyalaya in the Lohit, Pakke Kessang, Lower Slang and Lepa Rada Districts of Arunachal Pradesh . The cost of these Jawahar Navodaya Vidyalaya campuses 72.33 crore, 66.53 crore, 64.75 crore and 75.90 crore respectively.

The other Construction work of Permanent Campus of Jawahar Navodaya Vidyalaya to be taken up by NBCC India are in Sonitpur, Majuli, Charai Deo districts of Assam with costs of up to 11.08 crore, 55.38 Crore and 55.38 crore respectively.

In Manipur NBCC India is taking up Construction work of Permanent Campus of Jawahar Navodaya Vidyalaya in district Noney, costing 70.29 crore.

Construction of Permanent Campus at Jawahar Navodaya Vidyalaya in District Bhadradri, Kothagudem in Telangana costing 66.85 crore is also being taken up by NBCC India.

NBCC  share price movement

NBCC share price opened at 117.80 on the BSE on Friday slightly lower than the previous days closing price of 120.70. The NBCC India share price thereafter gained to scale intraday highs of 121.70 on a day when the stock market crashed and the Sensex was almost 1% higher

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.



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