During Tuesday’s trading session, the price of an India Navratna Enterprise under the Ministry of Housing and Urban Affairs specialised in Infrastructure Developers & Operators surged up to 2% from the day’s low after Securing projects worth Rs. 658.43 Crore
Price movement
With a market capitalization of Rs.23,044 crores, at 1 p.m.,the shares of NBCC (India) Limited surged up around 2% to Rs. 83.2 from the days low of Rs. 82.03.
What’s the News
NBCC (India) Limited Navratna Enterprise under the Ministry of Housing and Urban Affairs has received an order worth Rs 658.43 crores for two major projects , These orders include contracts from the Uttarakhand Investment and Infrastructure Development Board (UIIDB) worth Rs. 438.98 crores and from Centre for development of Telematics worth Rs. 219.45 crores,
It involves the construction, redevelopment, and other necessary services of surrounding buildings, commercial areas, Data Centres, Housing and hostels, Technical Blocks, Residential Buildings, and many more.
Financials
The company’s revenue has increased up to 16.6% from Rs.2471.51 Crores in H1FY24 to Rs. 2882.16 Crores in H1FY25. The company is also seeing constant growth in its profits, from 110.74 crores in Q3 of FY 2024 to R.S 138.48 crores in Q3 of FY 2025. The company’s PE Ratio stands at 40.45 compared to the industry PE of 40.17.
About the company:
NBCC (India) Limited referred to as “NBCC” is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Company operates into three major segments namely Project Management Consultancy, Engineering Procurement & Construction and Real Estate.
Written by:- Likesh Babu S
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