NBCC bags new orders worth ₹368 crore across different categories; shares traded higher

NBCC (India) has received work orders worth around ₹368.75 crore. Out of the total, the company received the first order worth around ₹24.38 crore from IIT Roorkee, Uttarakhand, for the construction of Mehta Family School of Data Science and Artificial Intelligence, including internal EI, HVAC, Firefighting, Fire Alarm, Lifts, Audiovisual System, CCTV, and BMS installation and development works.

The company has received a second order worth around ₹300 crore from Varanasi Development Authority, VDA, Varanasi, for the development of Jawaharlal Nehru Commercial Complex (JLNCC) Englishya Lines, Varanasi (Uttar Pradesh) on a self-sustainable model.

The company also received an order worth around ₹44.37 crore from Power Grid Corporation of India for the construction and furnishing of a 500-bedded Multi-Storey ‘Vishram Sadan’ at AIIMS Gorakhpur, Uttar Pradesh.

Earlier this month, the company received a work order worth ₹200.60 crore from Oil India, Duliajan, Assam. The order is for constructing a new Oil hospital, Duliajan on a Trunkey basis under Depository works mode. The aforesaid work is in the normal course of business of the Company. As of Q2FY25, the company’s overall total order book stood at ₹84,400 crore, spanning different businesses.

NBCC (India) is one of the few public sector companies engaged in project management consultancy services for civil construction projects (PMC), civil infrastructure for the power sector, and real estate development.