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NBCC Secures Rs 131 Crore Government Infrastructure Orders

Story Highlights
  • NBCC has won two new project management consultancy contracts worth about Rs 131 crore.
  • These government-focused projects bolster NBCC’s order book and reinforce its role in public infrastructure development.
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NBCC Secures Rs 131 Crore Government Infrastructure Orders

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NBCC (INDIA) LIMITED ( (IN:NBCC) ) has provided an announcement.

NBCC (India) Limited has disclosed that it has secured new work orders in the ordinary course of business with a combined value of approximately Rs. 131.02 crore. The contracts cover project management consultancy for constructing Central Bank of India’s office building in Amravati, Andhra Pradesh, and the new Andhra Pradesh Bhavan in New Delhi, underscoring NBCC’s continuing role as a preferred execution partner for government and public sector infrastructure projects.

The Central Bank of India project is valued at about Rs. 25.52 crore, while the Andhra Pradesh Bhavan contract is pegged at roughly Rs. 105.50 crore, both excluding GST and additional PMC charges where applicable. These wins strengthen NBCC’s order book in its core government-focused verticals and are expected to support revenue visibility and reinforce its standing in the domestic project management and construction consultancy market.

More about NBCC (INDIA) LIMITED

NBCC (India) Limited is a state-owned construction and project management consultancy enterprise operating in India’s infrastructure and real estate sectors. The company focuses on government and institutional projects, providing services such as project management, construction, and redevelopment for public bodies and financial institutions across the country.

Average Trading Volume: 897,508

Technical Sentiment Signal: Buy

Current Market Cap: 250.3B INR

For an in-depth examination of NBCC stock, go to TipRanks’ Overview page.

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