Shares of NBCC (India) Ltd gained nearly 2% on March 18, 2025, after the company announced securing a ₹45 crore Project Management Consultancy (PMC) contract.
Key Developments
- The Mahatma Gandhi Institute for Rural Industrialisation (MGIRI), Wardha awarded NBCC a PMC contract for infrastructure development and construction of a Hostel & VIP Guest House.
- The project will be undertaken under the EPC (Engineering, Procurement & Construction) mode.
Stock Performance & Market Position
- Current Price: ₹79.36
- Previous Close: ₹77.92
- Day’s Range: ₹78.65 – ₹79.88
- Market Cap: ₹214.68B
- P/E Ratio: 42.73
Recent Developments in NBCC
- February 12: NBCC secured orders from the Government of Mizoram for three hydro projects, including a dam on River Mat and a dual mini-dam at Vantawng, Thenzaw.
- Q3 FY24 Results: Reported a 25% YoY rise in net profit to ₹138 crore, with revenue growing 17% to ₹2,827 crore.
- Dividend: The company declared an interim dividend of ₹0.53 per share for FY25.
With continued contract wins and expansion into hydro projects, NBCC remains a key player in India’s infrastructure development.
