NBCC India shares jump 11% on securing ₹15K cr township contract
The latest order is equivalent to 0.45 times the company's current market capitalisation of ₹33,035.40 crore.
The latest order is equivalent to 0.45 times the company's current market capitalisation of ₹33,035.40 crore.
NBCC shares gained 13% to hit a fresh 52-week high of ₹63.65 on the BSE after it bagged an order worth ₹180 crore from SAIL.
The share price of NBCC has been gaining for the past 8 sessions and climbed 30% during the same period.
The Sensex and Nifty are poised to open higher on Thursday as global markets rallied after the U.S. Federal Reserve hiked interest rates in line with market expectations.
The residents of NBCC Green View housing complex have been asked to vacate their flats by March 1, 2022.
NBCC has grown brick by brick, thanks to its unique business model for government infrastructure and housing projects.