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.
- Govt to impose 10% import duty on desi chana from 1st April
- Xi Jinping Meets Global CEOs Amid Slowing Investment
- ChatGPT’s Viral Ghibli-Style Images Spark AI Copyright Debate
- BEML Shares Extend Gains on Rs 405 Crore Contract
- Force Motors Shares Soar 7% on Securing Order for Force Gurkha Light
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.
