NBCC (India) rose 1.59% to Rs 36.40 after the company announced the receipt of multiple work orders totaling Rs 541.02 crore. ICT-IOC awarded NBCC (India) a Rs 300 crore contract to build the Institute of Chemical Technology, Indian Oil Odisha campus in Bhubaneswar. Furthermore, the civil construction company received a Rs 217.27 crore contract from the Industrial & Commerce Department of the Government of Jammu and Kashmir to develop a New Industrial Estate in the UT of Jammu and Kashmir.
Finally, the National Health Mission of Himachal Pradesh awarded the company a Rs 23.75 crore contract for the construction of a critical care block in Chamba, Himachal Pradesh. NBCC (India) is a civil engineering construction company. The Government of India owned 61.75% of NBCC as of September 30, 2022. (India). Despite an 8.1% increase in net sales to Rs 2,116.50 crore in Q3 FY23 over Q3 FY22, the company’s consolidated net profit fell 16.3% to Rs 69.09 crore.