NBCC shares in focus, bags multiple orders worth Rs 368.75 crore for projects in UP, Uttarakhand

State-run Civil Construction Unit, NBCC (India) Ltd said it bagged multiple orders, collectively worth Rs 368.75 crore. Of these, a Rs 300 crore order is from the Varanasi Development Authority for the development of Jawaharlal Nehru Commercial Complex (JLNCC) Englishya Lines in Varanasi on a self-sustainable model.

The next order, worth Rs 44 crore, from the Power Grid Corporation of India is for the construction and furnishing of a 500-bed multi-story 'Vishram Sadan' at AIIMS Gorakhpur in Uttar Pradesh. The last order, worth Rs 24.38 crore is from IIT Roorkee, Uttarakhand for the construction of Mehta Family School of Data Science and Artificial Intelligence.

This will include EI, HVAC, firefighting, fire alarms, lifts, audio-visual system, CCTV, and BMS installation and development works at IIT Roorkee.

NBCC shares were trading 0.77% up at Rs 92.78 apiece at 11.11 am on Friday, December 27. The stock has gained 70.02% this year, so far.

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