Shares of NBCC traded in the green on 22 September after the company announced securing an order worth Rs 100 crore from SAIL.

The state-owned infra consultant company secured an order from SAIL worth Rs 100 crore for carrying out several developmental works in SAIL’s township and mines located in Chattisgarh’s Bhilai.

The company said in its regulatory filing, “The company would be providing project management consultancy on a deposit work basis.”

This is the fourth order-win announced by the company for the month of September.

NBCC is engaged in the business of construction and real estate development and specialises in providing consultancy, project management, and engineering services for civil construction, real estate, and infrastructure development projects.

In its quarterly report for the April-June quarter, the company reported a net profit of Rs 77 crore from the net loss reported in the year-ago quarter. The company posted a 6.61% YoY increase in its revenue from operations at Rs 1,918 crore.

At 11:04 am, the shares of NBCC (India) were trading at Rs 57.90 or 1.22% above its previous close on NSE.