After the company received the construction orders worth Rs 69.3 crore from Odisha Power Transmission Corporation (OPTCL), NBCC (India) advanced 2.54% to Rs 42.40.
New construction involves a quarter complex consisting of hundred quarters by demolishing an existing quarter of 224 in Bhubaneswar Bhoinagar located in district Khorda, Odisha.
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The company has to provide civil engineering construction services. The shares held by the Government in the company is 61.75%.
On a consolidated basis, the net profit of NBCC went up by 34.1% to Rs 95.46 crore on 8.4%, hitting a high in net sales to Rs 2,013.08 crore on September 21 over September 22.
