NBCC India bags contract from NHAI worth Rs 101 crore

New Delhi: State-owned NBCC India has received a work order from the National Highways Authority of India.

The intimation of the work order received by NBCC is in the normal course of business, amounting to Rs. 101 Crore (Approx.)

The work order includes Project Management Consultant (PMC) for the Construction of a Permanent office building in respect of Regional offices (ROs) cum Project Implementation Units (PIUs) of National Highways Authority of India by National Highways Authority of India worth Rs 101.00 crore.

The shares of the company are trading at Rs 178.65, up by 1.24%. Since August 2012, the company distributed 15 dividends. In the past 12 months, the dividend payout was Rs 0.63 per share. Currently, it has a dividend yield of 0.36%.

NBCC has split its shares twice. The first stock split was of a 1:5 ratio in June 2016, where its face value of Rs 10 was cut to Rs 2 each. Further, the second split was of 1:2, where the face value of Rs 2 was cut to Rs 1 each.