NBCC Share Price in Focus on ₹45 Crore Campus Development Project in Indore

NBCC (India) Limited has announced the signing of a Memorandum of Understanding (MoU) and receipt of a new project work order in the normal course of business, marking a strategic addition to its infrastructure development portfolio. The company has secured a work order valued at approximately ₹45.30 crore (excluding GST) from Madhya Pradesh Gramin Bank (MPGB) for the development of a modern institutional campus in Indore.

Project Scope and Purpose

The project, awarded on a deposit work basis, will be executed under NBCC’s Project Management Consultancy vertical. It includes the construction of a Head Office, a Training Centre complete with hostel accommodation, and dedicated Executive Quarters. Strategically located in Indore, the initiative is designed to strengthen institutional infrastructure for MPGB. 

Beyond its construction value, the project supports a larger vision of enabling financial inclusion across rural and semi-urban India while contributing to the growing infrastructural ecosystem of Tier-II cities. The company confirmed that this contract does not involve any promoter group or related party transactions.

About NBCC (India)

NBCC (India) Limited is a Navratna CPSE under the Ministry of Housing and Urban Affairs. Headquartered in New Delhi, the company is a premier government-owned enterprise engaged in civil construction, project management consultancy, and real estate development. 

Known for executing landmark government and institutional projects, NBCC has played a pivotal role in Smart Cities development, redevelopment of government housing colonies, and urban renewal missions across India. With a reputation for quality and delivery, NBCC continues to be a cornerstone in the country’s infrastructure advancement.

Also Read: NBCC Secures ₹65.73 Crore Orders Across Karnataka and Odisha!

NBCC Share Price Performance 

As of  August 1, 2025, at 11:52 AM, NBCC (India) share price is trading at ₹108.59 per share, reflecting a gain of 0.38%. Over the past month, the stock has declined by 11.87%.

Conclusion

With this new ₹45 crore work order from MP Gramin Bank, NBCC continues to cement its position as a trusted executor of institutional infrastructure projects, furthering its role in shaping India’s Tier-II city landscape.

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