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NBCC Share Price in Focus on Securing ₹2,966.10 Crore Contract from NMRDA

Written by: Team Angel OneUpdated on: 20 Nov 2025, 4:38 pm IST
NBCC (India) has secured a ₹2,966.10 crore work order from NMRDA for Project Management Consultancy services for the Naveen Nagpur Phase-1 development.
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NBCC (India) Limited has announced a new ₹2,966.10 crore assignment for Project Management Consultancy linked to the Phase-1 development of Naveen Nagpur. As per the exchange filings, the project, awarded by the Nagpur Metropolitan Region Development Authority, has been listed as part of NBCC’s routine business operations, with the full contract value specified as ₹2,966.10 crore excluding GST. 

Scope and Key Project Details 

The work order covers consultancy responsibilities for the Phase-1 development of Naveen Nagpur. The Nagpur Metropolitan Region Development Authority is identified as the client, and the project has been classified as a domestic assignment.  

NBCC confirmed that the order carries no related-party or promoter-linked interests, and no execution timeline was provided in the accompanying details. The announcement was formally signed by Company Secretary Deepti Gambhir, and the information has been uploaded to the company’s official website for reference. 

About NBCC (India)  

NBCC (India) Limited is a leading public sector enterprise involved in construction, infrastructure development and project management consultancy across India. The company undertakes major redevelopment, urban development and institutional projects, managing a wide range of planning, coordination and execution activities for clients across multiple sectors. 

Read More: AU Real Estate Acquires Rights to 609 Amrapali Flats from NBCC for ₹1,069 Crore! 

NBCC Share Price Performance  

As of November 20, 2025, at 09:24 AM, NBCC (India) Limited share price is trading at ₹115.55 per share, reflecting a surge of 2.22% from the previous closing price. 

Conclusion 

The Phase-1 PMC assignment awarded by NMRDA adds a significant domestic project to NBCC’s portfolio. The company continues to expand its involvement in large-scale urban development initiatives through high-value consultancy engagements. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 20, 2025, 11:07 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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