Psu

NBCC India shares plunge despite securing major contract from NEEPCO

The Contract includes the Development of a Township Project at a plot of 21.66 acres of land acquired by NEEPCO at Umsawli, Mawdiangdiang, Shillong, Meghalaya.

NBCC India shares plunge despite securing major contract from NEEPCO

Shares of NBCC (India) Ltd have seen a downfall despite the PSU Stock has secured a major construction order from the Public-Sector unit, North Eastern Electric Power Corporation Ltd.

The Contract includes the Development of a Township Project at a plot of 21.66 acres of land acquired by NEEPCO at Umsawli, Mawdiangdiang, Shillong, Meghalaya. The cost of the Project is Rs 130.58 crore.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

Read Also : Powergrid declares 400/220 kV Bidadi GIS substation as Pink Sub-station

The intimation of the work order received by NBCC is due in the normal course of business.

Shares of NBCC are trading low by 0.97% at Rs 97.68 at NSE.

Read Also : Western Coalfields Limited Achieves 100% Targets under Special Campaign 5.0

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions