NBCC India shares rise 2.5% on Rs 1,261 crore order win

NBCC India stock has also been a multibagger, surging around 118 percent in the past year.

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26 Aug, 2025 12:21

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Shares of NBCC (India) rose as much as 2.5 percent on September 23 after the company won an order worth Rs 1,261 crore from the Ministry of Health and Family Welfare, Government of India.

The order is for the establishment work of AIIMS (All India Institute of Medical Sciences) in Darbhanga, Bihar.

At 1.31 pm, shares of NBCC India were trading at Rs 177.50 on the NSE. The stock has also been a multibagger, surging around 118 percent in the past year.

Earlier this month, the company's board also approved a bonus issue of one share for every two equity shares held, with a record date of October 7. In anticipation of the bonus issue approval, the stock had skyrocketed over 10 percent, however, since then, it has been shown a tepid performance as profit booking seeped in.

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Meanwhile, the company's order pipeline also remains robust. Last month, its subsidiary, HSCC (India) secured a work order worth Rs 528.21 crore from the Directorate of Medical Education & Research, Haryana. The order was for procuring biomedical equipment and hospital furniture for the Pt. Deen Dayal Upadhyaya University of Health Sciences in Kutail, Karnal.

Additionally, the company also bagged another significant order worth Rs 15,000-crore from the Srinagar Development Authority for developing a Satellite Township spanning 406 acres at Rakh-e-Gund Akshah, Bemina, Srinagar (J&K).

NBCC also reported a 39 percent on year rise in its net profit for the June quarter at Rs 104.62 crore.

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