NBCC Share Price in Focus; Bags ₹55.02 Crore Order for Indian Overseas Bank Office in Raipur

NBCC has added a new domestic assignment to its order book with a project focused on developing office infrastructure for a public sector bank in Chhattisgarh. 

Project Scope and Value 

NBCC (India) Limited has received a work order valued at approximately ₹55.02 crore for the planning, design, execution and handover of a new regional office building for Indian Overseas Bank.  

The project will be executed in Raipur and has been awarded in the normal course of business. The scope covers end-to-end delivery, from design development to final completion of the facility. 

Nature of Engagement 

The assignment has been awarded as a project management consultancy mandate and is classified as a domestic project. The contract value of ₹55.02 crore is exclusive of taxes, and no execution timeline has been specified in the disclosure. 

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NBCC (India) Limited Share Price Performance  

As of 14 January 2025, at 3:30 PM, NBCC (India) Limited share price is trading at ₹105.22 per share, reflecting a decline of 0.085% from the previous closing price. Over the past month, the stock has declined by 8.81%. 

Conclusion 

With the Raipur regional office project for Indian Overseas Bank, NBCC continues to expand its portfolio of institutional building assignments, reinforcing its role in delivering large-scale public sector infrastructure projects. 

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