NBCC Falls: 3rd Straight Drop Despite ₹134 Cr Orders

NBCC (India) shares extended their losing streak on Friday, August 28, 2026, falling 1.24% to close at ₹87.50. The stock is now trading close to its four-and-a-half-month low of ₹87, despite the company receiving fresh orders worth ₹134.27 crore. The new orders include projects from Kendriya Vidyalaya Sangathan, Odisha’s Directorate of Teacher Education & SCERT, and Canara Bank. Fundamentally, NBCC remains backed by a strong business model, operating across project management consultancy, EPC and real estate development. Its portfolio spans government redevelopment, housing, roads, hospitals, airports and institutional projects. Key fundamentals show ROE at 23.86%, ROCE at 34.27%, dividend yield at 1.13%, and P/B at 7.94. However, its P/E of 32.25 is higher than the sector P/E of 25.71, indicating relatively rich valuations. With strong government-linked order inflows but recent price weakness and elevated valuation, investors will watch earnings growth, order execution and future margins closely. Disclaimer: This post is for informational purposes only and not investment advice. Please conduct your own research before making any investment decision.