Top Searches
Advertisement

Infra Momentum Builds: NBCC Secures Rs 65.73 Crore in Fresh Government Orders

Updated: July 03, 2025 15:34

Image Source: Business Standard
NBCC (India) Ltd has announced the receipt of three new work orders collectively valued at Rs 65.73 crore, reinforcing its position as a key player in India’s public infrastructure development. The contracts span education, legal, and social sectors, reflecting the company’s diversified project portfolio and continued traction in governmentbacked initiatives.
 
Key Highlights of the New Contracts
  • Rs 29.65 crore order from Sewa Bharti (Vidya Mandir Mandoli) for constructionrelated work  
  • Rs 18.05 crore contract awarded by NALSAR University of Law, Hyderabad  
  • Rs 16.97 crore project sanctioned by the Department of Higher Education, Government of Odisha  
  • All three orders are constructionfocused and fall within NBCC’s core project management consultancy domain  
Strategic Context and Market Impact
  • The orders come amid NBCC’s broader push to expand its footprint across educational and institutional infrastructure  
  • The company’s stock closed at Rs 100.80 following the announcement, reflecting a modest uptick in investor sentiment  
  • NBCC’s market capitalization now stands at Rs 27,216 crore, with the stock gaining over 18 percent in the past month  
Technical and Financial Indicators
  • The stock is trading above its 5day to 150day simple moving averages, though still below the 200day SMA  
  • NBCC’s pricetoearnings ratio is 61.84, with a pricetobook value of 12.17  
  • Return on equity stands at 19.74, supported by an earnings per share of Rs 1.63  
  • The 14day RSI is at 74.97, indicating overbought conditions and strong momentum  
Forward Outlook
  • NBCC continues to benefit from its status as a public sector undertaking under the Ministry of Housing and Urban Affairs  
  • The company’s diversified order book and consistent wins across sectors position it well for longterm growth  
  • Analysts expect further traction in healthcare, education, and urban redevelopment projects in the coming quarters  
As NBCC adds another Rs 65.73 crore to its order book, the latest wins underscore its execution strength and strategic alignment with India’s infrastructure priorities—where public trust meets project delivery.
 
Sources: Business Today, Moneycontrol, CNBC TV18, Indian Masterminds, Upstox News, Economic Times Market Desk

Advertisement

STORIES YOU MAY LIKE

Image Source: The Hindu Business Line
RBI Launches ₹1 Lakh Cr VRRR Auction to Soak Up Surplus Liquidity—Signals Tactical Tightening
Image Source: BW BusinessWorld
AWL Agri Business Delivers Mixed Q1—Quick Commerce Soars 75% Even as Volumes Dip
Image Source: Chittorgarh
Mega Corp Picks Up 14.89% Stake in BB&HV Pvt Ltd—Strategic Bet on Emerging Ventures
Advertisement
Image Source: Facebook
Kaynes Tech Commits $17.7 Mn to Subsidiary—Powers Up Global Electronics Play
Image Source: Business Standard
NMDC Appoints G. Anupama as Whole-Time CFO—Strengthens Financial Leadership Bench
Image Source: Deccan Herald
Asian Paints Faces CCI Heat Over Alleged Market Abuse—Vows Full Cooperation Amid Probe
Image Source: Equity Bulls
Hazoor Multi Projects Acquires 51% in Vyom Hydrocarbon—Strategic Foray into Energy Sector
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source : Free Press Joumal
Starry Milestone: Deepika Padukone Becomes First Indian Actress Honoured on Hollywood Walk of Fame
Image Source: Indian Masterminds
India Approves ₹1.05 Lakh Cr Defence Mega-Buy—Missiles, Mines & Maritime Muscle in Focus
Image Source: Hindustan Times
Bengaluru’s ‘ORRmageddon’ Meltdown: 10K Steps Quicker Than 6KM Drive, Say Frustrated Commuters
Image Source: illustrated Daily News
India Set to Receive First Apache Attack Helicopters by July 15—Game-Changer for Western Front
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine