NBCC Share Price Extends Rally for Second Day Following ₹44.62 Crore Project Win

NBCC (India) Limited continued its upward trend, adding to yesterday’s 0.04% gain. The stock opened at ₹78.70, reached a high of ₹79.88, and recorded a 2.14% increase from its previous close of ₹77.92, rising by ₹1.67 at 10:15 AM on the NSE.

NBCC New Order Details

NBCC (India) Limited, a leading government-owned construction and project management company, has recently been awarded a significant work order in the normal course of business.

The contract, valued at approximately ₹44.62 crore (excluding GST), involves Project Management Consultancy (PMC) services for the construction and development of infrastructure at MGIRI, along with the establishment of a hostel and VIP guest house.

Project Overview

The awarded project will be executed for the Mahatma Gandhi Institute for Rural Industrialisation (MGIRI), Wardha, a reputed institute dedicated to promoting rural industries in India.

The work will be carried out under the EPC (Engineering, Procurement, and Construction) mode, ensuring a streamlined execution process, the company said in a press release on the stock exchanges.

NBCC’s Role in the Project

As the Project Management Consultant (PMC), NBCC will be responsible for overseeing the development of key infrastructure facilities at MGIRI. The scope of work includes:

• Infrastructure development at MGIRI to enhance its operational capabilities
• Construction of a modern hostel to accommodate students and researchers
• Development of a VIP guest house to facilitate dignitaries and visiting officials
• Efficient project execution under the EPC mode, ensuring timely completion

Strengthening NBCC’s Portfolio

This work order adds to NBCC’s growing portfolio of government and institutional projects, reinforcing its expertise in large-scale infrastructure development. With a strong track record of delivering high-quality construction and consultancy services, NBCC continues to play a key role in shaping India’s infrastructure landscape.

Conclusion

The ₹44.62 crore project at MGIRI, Wardha, marks another milestone for NBCC (India) Limited, reflecting its commitment to executing strategic infrastructure projects. As work progresses, the development is expected to contribute to the growth and modernisation of rural industrialisation facilities in India.

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