The country‘s government construction company NBCC has received a big contract of Rs 500 crore. The Bureau of Indian Standards (BIS) has given this big contract to NBCC for building construction at 5 different places. NBCC India Limited said in an exchange filing on Tuesday that the public sector construction company has received this contract from BIS. Under the contract, NBCC has the contract to build buildings at BIS Headquarters in New Delhi, Central Laboratory in Sahibabad, Ghaziabad, National Standardization Training Institute in Noida, Northern Regional Laboratory in Mohali, and Branch Laboratory in Bengaluru. The total value of the contract is Rs 500 crore.
Today the share price reached an intraday high of Rs 97.63 from an intraday low of Rs 95.35
After this big contract received by NBCC, action can be seen in the company’s shares on Wednesday. Let us tell you that today on Tuesday, the company’s shares saw a decline of Rs 0.82 (0.84%). Due to this decline, the company’s shares closed at Rs 96.86 today. NBCC India’s shares, which closed at Rs 97.68 on Monday, opened with a decline at Rs 96.69 today. During today’s trading, NBCC shares reached an intraday low of Rs 95.35 to an intraday high of Rs 97.63.
The company’s shares are trading well below its 52-week high.
NBCC shares are trading well below their 52-week high. The 52-week high of the company’s shares is Rs 139.90 and the 52-week low is Rs 42.55. According to BSE, the current market cap of this public sector company is Rs 26,152.20 crore. Let us tell you that the company’s shares have jumped by 3.26 percent in the last 1 week. In the last 1 month, the price of the company’s shares has declined by 14.10 percent. This PSU stock has given its investors a return of 116.74 percent in the last 1 year and 328.39 percent in the last 2 years.