NBCC Secures Work Orders Valued at Rs 83.24 Crore in Ordinary Course of Business
NBCC (India) Ltd has been awarded several projects, collectively amounting to approximately Rs 83.24 crore (excluding GST), spanning major construction and infrastructural upgrades across different clients and states. These contracts fall within the company's normal course of business activities.The work orders include consultancy and construction mandates from diverse governmental and financial entities. The total portfolio includes three primary projects, each with specific client requirements and designated values.
Key project allocations are detailed below:
| Client Name | Project Description | Approximate Value (Rs Cr.) |
|---|---|---|
| Canara Bank | Construction of a residential building at Plot No. 624/1617, Shimpoli Road, Borivali West Mumbai. | 39.99 |
| Resident Commissioner Andhra Pradesh Bhavan | Upgradation of Bungalow No.1, Janpath, Residence of the Hon'ble Chief Minister, Govt. of Andhra Pradesh. | 5.51 |
| F&ARD Department Odisha, Bhubaneshwar | Construction and expansion of regional veterinary hospitals and associated facilities in various districts of Odisha. | 37.74 |
The contracts reveal that NBCC (India) Ltd is engaged in providing project management consultancy services across multiple sectors. The work awarded by Canara Bank involves the construction of a residential building located at Plot No. 624/1617, Shimpoli Road, Borivali West Mumbai, and has been valued at Rs 39.99 crore (Approx. Value Excl. GST).
Additionally, NBCC secured the project to upgrade Bungalow No.1, Janpath, which serves as the Residence of the Hon'ble Chief Minister of the Govt. of Andhra Pradesh. This contract is valued at Rs 5.51 crore (Approx. Value Excl. GST) and was awarded by the Resident Commissioner Andhra Pradesh Bhavan.
A significant portion of the secured contracts relates to public infrastructure in Odisha. The F&ARD Department Odisha, Bhubaneshwar has awarded NBCC a project covering the construction and expansion of Regional Veterinary Hospitals, Polyclinics, PCR Rooms, Diagnostic Laboratories, and associated facilities across several districts of Odisha. This contract is valued at Rs 37.74 crore (Approx. Value Excl. GST).
NBCC Stock Price Movement
Shares of NBCC (India) Limited slipped by 1.94% to settle at ₹102.24 today, finishing well below its previous close of ₹104.11. The stock saw a traded volume of approximately 17.67 million shares during the trading session.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.
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