{"id":115753,"date":"2023-12-18T17:50:00","date_gmt":"2023-12-18T12:20:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115753"},"modified":"2023-12-18T17:16:47","modified_gmt":"2023-12-18T11:46:47","slug":"navratna-stock-jumps-after-it-bags-orders-worth-%e2%82%b9-150-cr-from-steel-authority-of-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/navratna-stock-jumps-after-it-bags-orders-worth-%e2%82%b9-150-cr-from-steel-authority-of-india\/","title":{"rendered":"Navratna stock jumps after it bags orders worth \u20b9 150 Cr from Steel Authority of India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1472177633\"><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 jumps 2 percent after receiving orders worth Rs. 180 Crores and selling its unsold inventory for Rs. 905 Crores.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1235122393\"><!-- 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 2:44 p.m. the shares of <a href=\"https:\/\/portal.tradebrains.in\/stock\/NBCC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>NBCC<\/strong><\/a> (India) Limited were trading at Rs. 82.60, up 0.61 percent from its previous day\u2019s close price of Rs. 82.10 and its market capitalization is Rs. 14,863 Crores.\u00a0<\/p><p>NBCC Limited has received an order worth Rs. 150 Crores from Steel Authority of India Limited(SAIL) for Various Construction and Renovation works at SAIL DSP, Durgapur, and the contract should be executed in 3 years.&nbsp;<\/p><p>It has received another order worth Rs. 29.70 Crores from Pt. Deendayal Upadhyaya National Institute for the Construction of Permanent Building of Composite Regional Centre (CRC) at Samba, Jammu, UT of J&amp;K.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2325293725\"><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>In addition to this NBCC (India) has sold a total unsold commercial inventory of 2.23 lakh sq. ft. (approx.) having a sale value of Rs. 905.01 crore, out of which 0.43 lakh sq. ft. area having a sale value of Rs. 191.84 crore has been sold to private entities.&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><p>It has a strong customer base, 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 has 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-content-10\" id=\"trade-1383186400\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\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><div class=\"trade-after-content\" id=\"trade-681868498\"><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 jumps 2 percent after receiving orders worth Rs. 180 Crores and selling its unsold inventory for Rs. 905 Crores.\u00a0 At 2:44 p.m. the shares of NBCC (India) Limited were trading at Rs. 82.60, up 0.61 percent from its previous day\u2019s close price [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97461,"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":[6598,6599,6600,3674,6602,8155,8160,12101,12100,8157,8156,3601,6978,5159,5481,5482,8422,11447,12413],"class_list":["post-115753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-navratna-psu-stock","tag-navratna-psu-stock-to-buy","tag-navratna-psu-stock-to-watch","tag-navratna-stock","tag-navratna-stock-to-buy","tag-nbcc","tag-nbcc-business","tag-nbcc-india-latest-news","tag-nbcc-india-share-price","tag-nbcc-latest-news","tag-nbcc-share-price","tag-psu-stock","tag-psu-stock-to-buy","tag-psu-stock-to-watch","tag-psu-stocks","tag-psu-stocks-2023","tag-psu-stocks-to-buy","tag-psu-stocks-to-watch","tag-psu-stocks-with-excess-govt-holding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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