Shares of NBCC (India) Ltd had been buying and selling 5% decrease on 11 February regardless of the corporate asserting securing two new orders value Rs 272 crore.
The primary order was positioned by the Central College of Punjab, Bathinda to plan, design, and assemble the infrastructure of the institute’s campus in addition to different associated mission for a complete consideration of Rs 170.33 crore.
The second order is for Rs 102 crore to be constructed and comes from the Navodaya Vidyalaya Samiti. A central lined courtyard at a number of JNVs in Assam, an MP Corridor at a number of JNs in Meghalaya and Nagaland, and a regional workplace constructing in Guwahati, Assam, are all included within the mission.
Final month, the corporate secured two orders totaling Rs 229.75 crore.
The primary order, valued at Rs 148.4 crore, was awarded by the Ministry of Well being and Household Welfare for AIIMS Bilaspur. It entails setting up 72 residential models, 4 lecture halls for the nursing and paramedical sciences school, a 204-bed undergraduate boys’ hostel, a 334-bed undergraduate ladies’ hostel, and putting in, testing, and commissioning an interactive rooftop photo voltaic PV energy technology system.
The second order, value Rs 81.35 crore, is from the Indian Institute of Administration (IIM) Visakhapatnam. It pertains to mission administration consultancy providers for constructing a brand new hostel, eating facility, and associated infrastructure at IIM Visakhapatnam’s everlasting campus.
At 3:30 pm, the shares of NBCC closed 5.10% decrease at Rs 85.61 on NSE.
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