NBCC shares surged by 3% following a significant development involving its wholly owned subsidiary, HSCC (India) Limited. The company has secured two major work orders from the National Health Mission, Maharashtra, with a combined value of ₹599.35 crore. These projects are aimed at enhancing healthcare infrastructure in the state.
The first project, valued at ₹259.35 crore, focuses on the establishment and operation of the Hinduhridaysamrat Balasaheb Thackeray Aapla Dawakhana initiative, which is expected to improve healthcare accessibility in Maharashtra.
The second work order, worth ₹340 crore, involves setting up Radiation Oncology Units at four locations: Jalna, Ratnagiri, Baramati, and Dharashiv. Both projects are expected to contribute significantly to the state’s healthcare system and bolster NBCC’s growth trajectory.
NBCC (India) shares opened at ₹100.00, reaching a high of ₹103.20 and a low of ₹99.04 today. The stock has a 52-week high of ₹139.83 and a 52-week low of ₹48.33.
As of 1:21 pm, NBCC shares were trading 3.15% higher at Rs 103.20 on the NSE.
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