NBCC Shares Surge 8.4% After Securing New Orders Worth ₹491 Crore

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NBCC (India) shares jumped 8.4% today, reaching ₹141 each, after winning orders worth ₹491 crore from CGHS and the Department of Social Security.

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The company secured a ₹112 crore order from CGHS for constructing a multi-facility healthcare complex and a ₹73.27 crore order for an infrastructure complex.

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NBCC shares have surged 79% in the last six months and 219% in the last year, marking impressive growth for the state-owned construction firm.

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In the recent March quarter, NBCC reported a net profit of ₹136.08 crore, a 26% increase year-on-year, and strong income from operations.

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Established in 1960, NBCC's core operations include project management consultancy, real estate development, and EPC contracting. The firm achieved 'Navratna' status in 2014.4o

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