NBCC shares to get focus after unit bags orders worth Rs 600 crore
HSCC India has won two orders from Maharashtra's National Health Mission.
NBCC shares to get focus after unit bags orders worth Rs 600 crore
State-run Civil Construction Company (NBCC) Ltd. on Thursday, December 5, said that the company's wholly-owned subsidiary HSCC (India) Ltd. has won orders amounting to Rs 600 crore.
HSCC India has won two orders from Maharashtra's National Health Mission. The first order, worth Rs 259.35 crore, is for the establishment and operations of Hinduhridaysamrat Balasaheb Thackery Aapla Dawakhana in Maharashtra.
The second order is for the establishment of a Radiation Oncology Unit (Radiotherapy Unit) on a turnkey basis at District Jalna, Ratnagiri, Baramati, and Dharashiv in Maharashtra.
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On August 31, NBCC had announced a bonus issue of 1:2, which means shareholders were eligible to receive one bonus share for every two shares held as on the record date. Shares of NBCC are currently trading 2.44% higher at Rs 102.49. The stock has nearly doubled in value so far this year, rising 88%.
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