PSU stock jumps 3% after signing MoU with Railtel for data center projectPSU stock jumps 3% after signing MoU with Railtel for data center project

Introduction:

Leading PSU has entered a strategic MoU with RailTel to develop data centre projects across India and overseas, combining civil infrastructure expertise with IT infrastructure capabilities for enhanced service delivery and sustainable growth.

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Share price movement of NBCC:

On April 9, 2025, NBCC (India) Ltd opened at ₹82.32, down 0.29% from its previous close of ₹83.08. The stock touched a high of ₹85.95 (3.45%) and a low of ₹81.38. By 12:22 PM, it traded at ₹85.22, marking a 2.58% rise, with a market capitalization of ₹23,009.40 crore.

NBCC (India) and RailTel Sign Strategic MoU for Data Centre Projects:

On April 7, 2025, NBCC (India) Ltd signed a strategic Memorandum of Understanding (MoU) with RailTel Corporation of India Ltd to jointly develop data centre projects both in India and overseas.

Under the five-year agreement, NBCC will offer Project Management Consultancy services for constructing data centre buildings and related civil infrastructure. RailTel will handle planning, designing, installation, and operation of IT infrastructure.

The collaboration aims to harness the strengths of both entities, enhancing client acquisition and ensuring efficient service delivery. The MoU marks a significant step towards building high-quality digital infrastructure in a sustainable manner.

Recent news on NBCC:

As of March 21, 2025, NBCC (India) Ltd signed an MoU with MAHAPREIT to jointly execute housing and urban development projects worth ₹25,000 crore across Maharashtra, marking its redevelopment debut in the state.

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

NBCC (India) Ltd delivered a 0.22% return over the past week. It declined by 27.2% in the past six months. The stock has dropped 9.31% over the past year.

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Shareholding pattern of NBCC:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	61.80%	61.80%	61.80%
FII	4.20%	4.10%	4.40%
DII	8.90%	9.10%	9.50%
Public	25%	25.00%	24.30%

About NBCC:

NBCC (India) Ltd (NSE: NBCC) is a Navratna PSU under the Ministry of Housing and Urban Affairs, engaged in Project Management Consultancy, Engineering Procurement & Construction, and Real Estate across India and overseas markets.

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.