Shares of NBCC (India) Ltd rose 1.75% to hit a day’s excessive of Rs 116.95 on seventeenth November. This occurred after the agency introduced it has received an order value Rs 498.3 crore from the Damodar Valley Company in Jharkhand.
NBCC stated the order is for mission administration consultancy providers. It is going to contain constructing an built-in township on the Chandrapura Thermal Energy Station in Jharkhand.
Final week, the corporate reported its September quarter outcomes and permitted a second interim dividend for FY26. Web revenue rose 26% to Rs 153.5 crore from Rs 122 crore a yr earlier. In the meantime, income grew 19% to Rs 2,910.2 crore. EBITDA got here in at Rs 100.8 crore, barely greater than Rs 100.3 crore final yr. Nevertheless, working margins slipped to three.5% from 4%.
The board additionally declared a second interim dividend of Rs 0.21 per share, with a file date of nineteenth November.
At 2:50 PM, shares of NBCC (India) had been buying and selling 1.76% greater at Rs 116.15 on NSE.
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