NBCC Shares Rise for 3rd Straight Session; Up 5% After ₹289 Crore Order Wins

NBCC (India) Limited witnessed gains for the third consecutive session, with shares rising 5.43% to ₹115.52 on 15 December.

The increase follows the announcement of major project awards totalling around ₹289.39 crore, including civil, electrical, and construction works for NALCO offices and township, and desilting of a cooling pond for SAIL Bokaro.

NBCC (India) Limited Key Project Wins

NBCC (India) Limited has secured two major projects valued at approximately ₹289.39 crore in total.

The first project, worth ₹255.50 crore, involves the planning, designing, and execution of civil, electrical, water supply, horticulture, construction and repairs of RCC/civil structures, dismantling of existing structures, new construction works, civic amenities, and other developmental activities for NALCO offices and township.

NBCC Share Price Performance

NBCC shares were trading at ₹115.52, up 5.43% from the previous close of ₹109.57. The stock opened at ₹109.19, reached an intraday high of ₹116.24, and touched a low of ₹108.50, reflecting strong investor interest following the order announcements.

Impact of Order Wins

The contracts strengthen NBCC’s project pipeline and revenue prospects, covering diverse civil and infrastructure work for large public sector clients.

These wins highlight the company’s continued presence in government and industrial projects.

Read More: Vodafone Idea Share Price in Focus Amid Reports of AGR Moratorium Relief.

Conclusion

NBCC’s consecutive sessions of gains reflect investor optimism following new order inflows. While the projects enhance near-term revenue visibility, the stock’s performance will continue to depend on execution efficiency and future order additions.

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