NBCC shares plunges over 5% despite securing two orders worth Rs 272.33 crore
NBCC shares were trading 4.9% lower at Rs 85.8 on Tuesday, February 11. The stock has fallen 29.2% in the past six months.
NBCC shares plunges over 5 despite securing two orders worth Rs 272.33 crore
State-run civil construction firm NBCC India has bagged two orders, collectively worth Rs 272.33 crore. The first order is worth Rs 170.33 crore from the Central University of Punjab, Bathinda, to plan, design, and develop the infrastructure and other related works on the campus of the institute.
The second order is a construction one worth Rs 102 crore from the Navodaya Vidyalaya Samiti. The work includes the construction of a regional office building at Guwahati in Assam, the construction of a central covered courtyard at various JNVs in Assam, and the construction of MP Hall at various JNs in Meghalaya and Nagaland.
NBCC shares were trading 4.9% lower at Rs 85.8 on Tuesday, February 11. The stock has fallen 29.2% in the past six months.
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