NBCC Secures Rs 354 Crore Project from FDCM for Gorewada Zoo Development
NBCC bags Rs 354.88 crore Gorewada Zoo project from FDCM Ltd, but shares fall 3.08% on BSE despite the major order win.
NBCC wins Rs 354.88 crore order for Gorewada Zoo project but shares trade lower
State-run Civil Construction firm, NBCC (India) Ltd has bagged a significant order of Rs 354.88 crore from FDCM Gorewada Zoo Ltd. Despite this huge order win the shares falls muted.
The order win is from FDCM Gorewada Zoo Limited for Project Management & Supervision services to execute the African Zoo, Safari Plaza, Animal Hospital & Quarantine facility and Other Allied Work. The cost of the project is Rs 354.88 crore.
Earlier, also NBCC signed an MoU with Meerut Development Authority for re-development of key land parcels in Meerut, UP worth Rs 296.53 crore.
Shares of NBCC are trading down by 3.08% at Rs 119.41 at BSE
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