/ NBCC Rallies Nearly 5%, Bags Order Worth Rs 250 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 14 March 2017

NBCC (India) Limited in Tuesday's trading session is rallying on bourses. The stock is up by nearly 5% on an intraday basis, and has hit a high of Rs 178 per share.

The state-owned company recently announced that it has bagged an order worth Rs 250 crore to construct a new Supreme Court building in Mauritius. It has signed an agreement with the Government of Mauritius and Landscope (Mauritius) for the construction. The project will have a completion period of 24 months.

The stock in a period of one year has delivered returns of 41%, underperforming the Mid-cap and BSE Realty indices over the same time span.

NBCC (India) Limited provides civil engineering construction services. The company operates through three segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering, Procurement and Construction (EPC).

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