Shares of NBCC (India) Ltd surged 3.10% today, trading at ₹96.05, after the National Stock Exchange of India (NSE) announced its inclusion in the Futures and Options (F&O) segment. The stock saw positive investor sentiment, with a day range between ₹92.70 and ₹96.20 and a market capitalization of ₹258.63 billion. This development highlights NBCC’s growing prominence in the market and is expected to provide the stock with increased liquidity and trading volume.
The NSE revealed that six companies, including Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India, and Torrent Power, have been added to the F&O segment starting January 31, 2025. The selection process followed the stock eligibility criteria laid out by the Securities and Exchange Board of India (SEBI). Approval from the regulator was received prior to the announcement, ensuring compliance with all regulatory requirements.
The exchange further clarified that the market lot sizes and strike schemes for the newly added securities were communicated to trading members via a circular issued on January 30, 2025. Additionally, the applicable quantity freeze and contract details were made available to enable smooth trading from today’s session.
NBCC’s inclusion in the F&O segment is anticipated to enhance investor participation as the segment typically attracts traders and investors looking for derivatives trading opportunities. This can lead to greater price discovery and stability for the stock. As part of the government’s initiative to expand the real estate and infrastructure sectors, NBCC continues to benefit from major projects, which has contributed to its robust market performance.
With today’s positive momentum, the stock is expected to remain in focus as it gains traction among investors in the derivatives market.
Stock Performance:
- Current price: ₹96.05 (up 3.10%)
- Previous close: ₹93.16
- Day range: ₹92.70 – ₹96.20
- 52-week range: ₹70.07 – ₹139.83
- Market cap: ₹258.63 billion
- Average volume: 10.78M
- P/E ratio: 54.36
- Dividend yield: 0.44%
NBCC’s entry into the F&O space is expected to be a catalyst for future trading, as market participants anticipate further updates on the company’s large-scale government projects and strategic initiatives.
