NBCC received a ₹161.55 crore order from Power Finance Corporation, boosting its ₹1 lakh crore order book. The stock gained 0.5% intraday, with strong YTD and 3-month returns. FY25 secured business rose to ₹46,250 crore.
NBCC shares opened at ₹113.60 on the NSE on Thursday, and at the time of opening, Navratna PSU NBCC shares were trading higher than its previous day's closing price of ₹113.21. The NBCC India share price thereafter surged further to intraday highs of ₹115.31, which meant gains of 1.85%.
As of 10:30 AM IST, the stock is trading at ₹113.79, up by 0.5%. On a YTD basis, the stock has gained 22.75%, while in the last 3 months, it has jumped over 38%. In the last 12 months, the stock has given returns of 13.69%.
NBCC (India) Ltd, a Government of India Navratna Enterprise, has secured a notable work order worth approximately ₹161.55 crore. The project involves interior works at Tower-H of the World Trade Centre in Nauroji Nagar, New Delhi, commissioned by Power Finance Corporation Limited. This development has sparked positive sentiment among stock market participants, reinforcing investor confidence in the company’s growth trajectory.
As of January 2025, the order book for NBCC (India) Limited and its subsidiaries stands at Rs. 1 Lakh Crore. This consolidated order book is distributed among its entities as follows: NBCC holds the largest share at ₹82,500 Crore, followed by HSCC (Hospital Services Consultancy Corporation (India) Limited) with ₹10,600 Crore, HSCL(Hindustan Steelworks Construction Limited) with ₹6,800 Crore, and NSL with ₹200 Crore.
In terms of business secured for FY 2025, the figures show an increase across most entities: HSCC secured ₹5,100 crore, HSCL secured ₹2,000 crore, NSL secured ₹150 crore, and NBCC secured ₹39,000 crore, resulting in a consolidated secured business of ₹46,250 crore.
For the quarter ended December 2024, NBCC reported a net profit of ₹142.42 crore on a total income of ₹2,882.16 crore. For the fiscal year 2024, the total revenue was ₹10,666.67 crore, and the net profit was ₹414.37 crore.
The company will announce its financial results forthe fourth quarter and FY25 on May 29, 2025
NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Co. operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate.
Disclaimer: The article is for informational purposes only and not investment advice.
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