The shares of Navratna PSU company specializing in construction, real estate development, and project management consultancy are in focus upon receiving new two work orders worth Rs. 852 crores.
Price action
With a market capitalization of Rs. 22,169.70 crores on Friday, the shares of NBCC (India) Limited down upto 5 percent making a low of Rs. 81.15 per share compared to its previous closing price of Rs. 85.67 per share.
What Happened
NBCC (India) Limited, engaged in construction, real estate development, and project management consultancy, has received two new work orders worth a total of Rs. 851.69 crores.
First, the company received an order from the Damodar Valley Corporation (DVC) worth Rs. 776.75 crores for the construction of buildings and associated works for the township at Durgapur, Koderma, and Raghunathpur, as well as the DVC Administrative Building at New Town, Kolkata.
The second order is from the Ministry of Housing and Urban Affairs, valued at Rs. 74.94 crores, for maintenance works at the New Moti Bagh GPRA Complex for the two financial years (FY 2025-26 and FY 2026-27).
About the company
NBCC (India) Limited is a government-owned public sector undertaking engaged in construction, real estate development, and project management consultancy. The company provides integrated services in the planning, design, construction, and management of projects in various sectors such as infrastructure, residential, and commercial buildings, and also offers maintenance and renovation services for government buildings.
Orderbook Segmentation
The company has an overall order book of Rs. 1,00,000 crores, with NBCC holding Rs. 82,500 crores, and the rest distributed among its subsidiaries: HSCC with Rs. 10,600 crores, HSCL with Rs. 6,800 crores, and NSL with Rs. 200 crores.
Financials
The company’s revenue rose by 16.6 percent, from Rs. 2,471.51 crore in Q2FY24 to Rs 2,882.16 crore in Q3FY25. Meanwhile, Net profit grew from Rs. 110.74 crore to Rs. 138.48 crore during the same period.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses
