NBCC Secures Rs 108.85 Cr. in New Work Orders from Government Agencies
NBCC (India) Limited has received significant work orders totaling approximately Rs 108.85 Crore in the normal course of its business operations. The contracts involve infrastructure and project management consultancy projects awarded by two domestic entities, bringing the company's recent contract wins to a total of Rs 108.85 Cr. (excluding GST).The work includes construction projects spanning various states and specialized services for national boards and educational institutions.
Major Projects Awarded
NBCC secured contracts from National Horticulture Board and Directorate of Technical Education and training, Odisha, Cuttack. The details of the awarded works are as follows:| Project Description | Client Name | Contract Value (Excl. GST) |
|---|---|---|
| Construction of Clean Plant Centre Laboratory and Office Building at ICAR-CITH, Srinagar | National Horticulture Board | Rs 20.42 Cr. |
| Construction of Boys/Girls Hostel in Odisha | Directorate of Technical Education and training, Odisha, Cuttack | Rs 88.43 Cr. |
| Total | Rs 108.85 Cr. |
Details of Client Contracts
The projects are primarily classified as Project Management Consultancy contracts awarded by domestic entities. The details for each contract and the associated awarding entity are provided below:Contract from National Horticulture Board
The contract with the National Horticulture Board involves the construction of a Clean Plant Centre Laboratory and Office Building at ICAR-CITH, Srinagar, under the Clean Plant Programme.
| Particular | Details |
|---|---|
| Awarding Entity | National Horticulture Board |
| Nature of Contract | Project Management Consultancy |
| Order Size | Approx. Rs 20.42 Cr. (Excl. GST) |
| Origin | Domestic |
Contract from Directorate of Technical Education and training, Odisha
NBCC has also been awarded a contract by the Directorate of Technical Education and training, Odisha, Cuttack for the construction of Boys/Girls Hostel at various locations in Odisha.
| Particular | Details |
|---|---|
| Awarding Entity | Directorate of Technical Education and training, Odisha, Cuttack |
| Nature of Contract | Project Management Consultancy |
| Order Size | Approx. Rs 88.43 Cr. (Excl. GST) |
| Origin | Domestic |
NBCC Stock Price Movement
Today, NBCC (India) Limited shares climbed today after closing at ₹93.84, achieving a gain of 0.86%. The stock saw active trading as it settled through the day with a volume totaling 6.73 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.