{"id":115528,"date":"2023-12-14T11:28:29","date_gmt":"2023-12-14T05:58:29","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115528"},"modified":"2023-12-14T11:30:38","modified_gmt":"2023-12-14T06:00:38","slug":"navratna-stock-jumps-5-upon-receiving-work-orders-worth-1500-cr-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/navratna-stock-jumps-5-upon-receiving-work-orders-worth-1500-cr-check-the-details\/","title":{"rendered":"Navratna stock jumps 5% after receiving work orders worth \u20b9 1500 Cr; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1187496435\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Navratna Central public sector enterprise engaged in the business of construction and development with clients such as IIM, IIT, BHEL, and many more jumped 5 percent after receiving work orders worth Rs. 1500 Crores from NCDC.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2338031787\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:10 a.m the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NBCC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">NBCC (India) Limited<\/a><\/strong> were trading at Rs. 82.90, up 3.37 percent from its previous day\u2019s close price of Rs. 80.20 and its market capitalization of Rs. 14,958 Crores.\u00a0<\/p><p>NBCC (India) Limited has received work orders worth Rs. 1500 Crores, from the National Cooperative Development Corporation (NCDC), for the construction of 1,469 warehouses and other agriculture infrastructure under the world\u2019s largest grain storage plan in the cooperative sector at various locations in India.&nbsp;<\/p><p>NBCC generates 92 percent of its revenue from Project Management Consultancy, 6 percent from Engineering procurement and construction, and 2 percent from real estate. As of Q2FY24, it has a consolidated order book of ~Rs. 55,300 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4053733634\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Some of its famous clients include IIM, IIT, BHEL, NTPC, SJVN, the Republic of Mauritius, the Republic of Maldives, and many more.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 13.83 percent from Rs. 7,690.61 Crores in FY22 to Rs. 8,754.44 Crores in FY23, accompanied by increasing profits of Rs. 224.32 Crores to Rs. 266.67 Crores.&nbsp;<\/p><p>NBCC is a Navratna central public sector enterprise, which is one of the largest construction CPSEs in India, it conducts its operations in project management consultancy and realty development businesses in the domestic as well as foreign markets.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>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 caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3562173626\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Navratna Central public sector enterprise engaged in the business of construction and development with clients such as IIM, IIT, BHEL, and many more jumped 5 percent after receiving work orders worth Rs. 1500 Crores from NCDC.&nbsp; At 10:10 a.m the shares of NBCC (India) Limited were trading at Rs. 82.90, up 3.37 percent from its [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8157,13287,8156,948,936],"class_list":["post-115528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nbcc-latest-news","tag-nbcc-latest-order","tag-nbcc-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Navratna stock jumps 5% after receiving work orders worth \u20b9 1500 Cr; 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