Shares of one of many largest realty CPSEs in India with operations in undertaking administration consultancy and improvement are in deal with Monday, after receiving new work orders value Rs. 44.62 crores from Mahatma Gandhi Institute for Rural Industrialisation (MGIRI), Wardha.
Value Motion
With a market cap of Rs. 21,030.3 crores, the shares of NBCC (India) Restricted closed within the inexperienced at Rs. 77.89, as in comparison with its earlier closing worth of Rs. 77.85. The inventory has delivered optimistic returns of almost 5 % over one 12 months, whereas round 5 % of unfavorable returns in a single month.
What’s the information
Based on the newest regulatory filings with the inventory exchanges, NBCC (India) Restricted secured an order valued at round Rs. 44.62 crores from Mahatma Gandhi Institute for Rural Industrialisation (MGIRI), Wardha.
The corporate acts because the Undertaking Administration Marketing consultant (PMC) for the development and improvement of infrastructure at MGIRI, in addition to a hostel and VIP visitor home at MGIRI, Wardha. The undertaking will likely be executed below the EPC (Engineering, Procurement, and Building) mode.
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Earlier Orders
thirteenth February: NBCC obtained an order value Rs. 851.7 crores from Damodar Valley Company and Ministry of Housing and City Affairs for the development of buildings and related works for a township, together with upkeep work on the New Moti Bagh GPRA Advanced, respectively.
twenty fourth February: The corporate secured an order value Rs. 264.16 crore from NIT Kurukshetra for Undertaking Administration Consultancy (PMC) in setting up varied buildings, together with an instructional block, hostel block, residential block, director’s residence, vertical extensions of hostels and tutorial buildings, and different exterior improvement work. This undertaking will even be executed below the EPC mode.
Financials & Order Guide
The corporate reported a marginal progress in income from operations, experiencing a year-on-year improve of almost 16.6 %, rising from Rs. 2,424 crores in Q3 FY24 to Rs. 2,827 crores in Q3 FY25.
Likewise, throughout the identical interval, the corporate’s internet revenue elevated from Rs. 114 crores to Rs. 142 crores, representing a major progress of round 24.6 % YoY. As of January 2025, the corporate’s consolidated order ebook stood at Rs. 1 lakh crores.
In regards to the firm
NBCC (India) Restricted, one of many largest realty CPSEs in India, is a Navratna Enterprise below the Ministry of Housing and City Affairs, working in three main segments: Undertaking Administration Consultancy, Actual Property and Engineering Procurement & Building (EPC).
Written by Shivani Singh
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