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Pankaj pawar

16th Sep · SEBI Registration INH000020934

NBCC Secures New Work Orders Worth ₹145 Crore

NBCC
: has secured multiple new work orders aggregating approximately ₹144.98 crore across project management consultancy, infrastructure upgradation, repair and construction works. The orders include ₹11.21 crore of PMC services for a township development project from NEEPCO. Steel Authority of India (SAIL) has awarded multiple upgradation and repair works at Bokaro worth ₹9.05 crore, ₹55.91 crore, ₹23.48 crore and ₹23.48 crore. NBCC has also received a ₹5.86 crore interior renovation assignment from the Directorate of Enforcement in Bhubaneswar and a ₹15.99 crore order from DVC for construction of an officer’s dormitory in Durgapur. All these orders have been secured in the ordinary course of business. The fresh wins add to NBCC’s project pipeline and provide incremental revenue visibility, although their overall size is moderate relative to the company’s existing order book. Stock Commentary – NBCC NBCC – POSITIVE (7/10): Fresh orders worth ₹144.98 crore from NEEPCO, SAIL, Enforcement Directorate and DVC strengthen NBCC’s project pipeline. Multiple PSU and government-linked clients provide execution visibility, although the overall order value is relatively moderate.

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