NBCC shares in focus on bagging PMC order worth ₹2,966 crore from NMRDA

Shares of NBCC (India) Ltd will be in focus on Thursday, November 20, after it bagged a project management consultancy contract worth ₹2,966.10 crore (excluding GST) from the Nagpur Metropolitan Region Development Authority (NMRDA).

The domestic contract involves PMC for the development of the first phase of Naveen Nagpur for NMRDA, it said in a regulatory filing on November 19.

NBCC sells 609 housing units in Greater Noida via auction for ₹1,070 crore

In a separate filing, the Navratna PSU stated that it sold 609 housing units in Greater Noida (West) for ₹1,070 crore through an e-auction.

The 609 residential units were sold in two projects, Aspire Leisure Valley and Aspire Centurian Park, through an e-auction at a total sale value of ₹1,069.43 crore.

NBCC will get a marketing fee at 1% of the sale value. However, it did not mention the name of the buyer.

As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of Amrapali through the NBCC.

The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. The investment to complete these flats was projected at around ₹8,300 crore.

Meanwhile, Delhi-based AU Real Estate said that it has acquired the selling rights for Aspire Leisure Valley (Phase 2) and Aspire Centurian Park from NBCC.

"The combined transaction value stands at ₹1,069 crore, covering a total of 609 residential units," the realty firm said in a statement.

The company has bought 462 units in the 'Aspire Leisure Valley' project for ₹696.20 crore and 147 units in the 'Aspire Centurian Park' project for ₹373.23 crore.

AU Real Estate Director Ashish Agarwal said the company has launched the 'Aspire Leisure Valley' project at an introductory price of ₹7,979 per sq ft.

Meanwhile, shares of NBCC were trading ex-dividend date today, i.e., November 19, for its second interim dividend, which its board had approved on November 13.

The interim dividend was of ₹0.21 per equity share, with a face value of ₹1 each, at a rate of 21%.

The stock closed 1.16% lower at ₹112.90 per equity share on the National Stock Exchange (NSE) on Wednesday. However, the ₹2,966.10 crore contract announcement came after the market closed.

NBCC has a total market capitalisation of ₹30,483.00 crore, as of November 19, 2025, according to data on the NSE.