NBCC (India) Limited shares rise as company secures a ₹316 crore work order from the ST & SC Development, Minorities & Backward Classes Welfare Department, Government of Odisha for the upgradation of Primary School Hostels (PSH) under the State Sector Scheme.
Key Highlights:
- Project Value: ₹316 crore.
- Scope: Upgradation of primary school hostels across Odisha.
- Client: Government of Odisha’s Welfare Department.
- Alignment: Part of NBCC’s routine business, focusing on critical educational infrastructure projects.
The work order further underscores NBCC’s role in contributing to socio-economic and infrastructural growth in India. Following the announcement, the company’s stock saw positive movement, trading 2.26% higher at ₹96.69 on the NSE as of 11:06 AM.
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NBCC