NBCC Shares Climb 3% on New Order Book Update
24th Feb 2025
NBCC's Latest Order Book Update
NBCC India Ltd. saw its share price gain 3% from intraday lows on Monday, despite the broader market crash. The rise came after the company announced a new work order worth ₹264.16 crore.
Breakdown of NBCC's Recent Orders
On February 13, 2025, NBCC had intimated another work order worth approximately ₹851.69 crore. This included a major ₹776.75 crore order from Damodar Valley Corporation for construction of buildings and associated works in Durgapur, Koderma, and Raghunathpur. The remaining ₹75 crore order was from the Ministry of Housing and Urban Affairs for maintenance work at the New Moti Bagh GPRA Complex.
NBCC's Share Price Movement
NBCC's share price opened at ₹80.01 on the BSE on Monday, significantly lower than the previous day's closing price of ₹81.13. The stock dipped to an intraday low of ₹78.81 amidst the broader market crash, but later rebounded to a high of ₹81.10, translating to gains of close to 3% from the day's lows.
NBCC India Ltd. saw its share price gain 3% from intraday lows on Monday, despite the broader market crash. The rise came after the company announced a new work order worth ₹264.16 crore.
Breakdown of NBCC's Recent Orders
On February 13, 2025, NBCC had intimated another work order worth approximately ₹851.69 crore. This included a major ₹776.75 crore order from Damodar Valley Corporation for construction of buildings and associated works in Durgapur, Koderma, and Raghunathpur. The remaining ₹75 crore order was from the Ministry of Housing and Urban Affairs for maintenance work at the New Moti Bagh GPRA Complex.
NBCC's Share Price Movement
NBCC's share price opened at ₹80.01 on the BSE on Monday, significantly lower than the previous day's closing price of ₹81.13. The stock dipped to an intraday low of ₹78.81 amidst the broader market crash, but later rebounded to a high of ₹81.10, translating to gains of close to 3% from the day's lows.