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NBCC Secures Two Work Orders Worth ₹658.43 Crore

Written by: Team Angel OneUpdated on: Mar 25, 2025, 2:52 PM IST
NBCC has received 2 work orders worth ₹658.43 crore for urban redevelopment in Uttarakhand and infrastructure development in New Delhi.
NBCC Secures Two Work Orders Worth ₹658.43 Crore
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NBCC (India) Limited has been awarded 2 major work orders worth approximately ₹658.43 crore. These projects, secured in the normal course of business, focus on urban revitalisation and infrastructure development in Uttarakhand and New Delhi.

Urban Redevelopment in Uttarakhand

The Uttarakhand Investment and Infrastructure Development Board (UIIDB) has entrusted NBCC with key revitalisation projects amounting to ₹438.98 crore. These include:

  • Rodi Belwala Area Revitalisation
  • Sati Kund and Surrounding Development
  • Har Ki Pauri and Subhash Ghar Revitalisation
  • Redevelopment of Parking and Commercial Area at Upper Road, Haridwar

These projects aim to enhance tourism and public infrastructure in Haridwar.

Infrastructure Development in New Delhi

NBCC has also secured a Project Management Consultancy (PMC) contract from the Centre for Development of Telematics (C-DOT), valued at ₹219.45 crore. The project involves planning, supervision, and construction of:

  • Data Centre and Technical Block
  • Housing, Hostels, and Residential Buildings

This initiative will bolster India’s telecommunication research capabilities.

NBCC Share Performance 

As of March 25, 2025, at 1:10 PM, NBCC share price is trading at ₹83.08 per share, reflecting a decline of 2.67% from the previous closing price. Over the past month, the stock has surged by 5.55%.

Conclusion

NBCC’s latest contracts reaffirm its role in infrastructure development across India. The company continues to expand its portfolio with significant urban and technological projects.

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: Mar 25, 2025, 2:52 PM 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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