Navratna stock jumps after company receives orders worth ₹229.75 CrNavratna stock jumps after company receives orders worth ₹229.75 Cr

Introduction:

Leading infrastructure company has secured work orders worth ₹229.75 crore. The projects include construction of residential units, hostel facilities, and installation of a solar power system at AIIMS Bilaspur, alongside consultancy services at IIM Visakhapatnam.

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Share price movement of NBCC (India):

On January 24, 2025, NBCC (India) Ltd opened at ₹92.00, down 0.19% from its previous close of ₹92.12. The stock reached a high of ₹93.55 (1.55%) and a low of ₹90.68. By 1:00 PM, it traded at ₹92.29, a 0.18% increase, with a market cap of ₹24,918.30 crore.

NBCC Secures ₹229.75 Crore Work Orders:

NBCC (India) Limited has been awarded work orders totaling ₹229.75 crore. The work involves multiple projects, including the construction of residential and hostel facilities, as well as the installation of a solar power system at AIIMS Bilaspur.

The company will also provide Project Management Consultancy (PMC) services for infrastructure development at IIM Visakhapatnam. This order reflects NBCC’s ongoing engagement in large-scale construction projects across sectors, including healthcare and education.

Recent news on NBCC (India):

As of December 27, 2024, NBCC (India) Ltd secured multiple orders worth ₹368.75 crore. These include projects for the Varanasi Development Authority, AIIMS Gorakhpur, and IIT Roorkee, highlighting the company’s continued involvement in infrastructure development.

Stock performance of NBCC (India) for Period of 1 week, 6 months and 1 year:

NBCC (India) Ltd has experienced a 3.43% decline over the past week and a 20.9% drop in the last six months. However, the company has seen a 20.4% increase in its stock price over the past year.

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Shareholding pattern of NBCC (India):

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	61.80%	61.80%	61.80%
FII	4.20%	4.10%	4.10%
DII	8.90%	9.10%	9.10%
Public	25.20%	25.00%	25.00%

About NBCC (India):

NBCC (India) Limited (NSE: NBCC) is a Government of India Navratna Enterprise, operating in Project Management Consultancy, Engineering Procurement & Construction, and Real Estate sectors, specializing in civil construction, high-rise structures, and residential/commercial developments.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.