The state-owned firm was asked to complete 38,000 flats and hand it over to homebuyers.
NBCC Share Price | The company on February 12 received orders from the Government of Mizoram for planning, designing and implementing three hydro projects. These include building a dam on the River Mat, a multipurpose rainwater harnessing dam in Champhai district and a dual mini-dam at Vantawng, Thenzaw.
The Navratna PSU company reported a 25 percent year-on-year rise in net profit to Rs 138 crore for the quarter which ended on December 31, 2024.
On August 29, 2024, the top court directed the Noida and Greater Noida authorities to grant approval within 30 days of construction plans for additional flats in six Amrapali projects to ease the financial crunch faced by these projects.
The NCLAT appointed NBCC has a project management consultant to complete Supertech's pending developments, which include 50,000 dwelling units.
NBCC has an order book of around Rs 84,000 crore, and the company is targetting to take it to Rs 1 lakh crore by the end of this financial year.
NBCC said it has bagged work order to construct buildings at five BIS locations
NBCC Share Price | The share price rose more than 120 percent in the last one-year.
Under a self-sustainable model, these projects will be developed without any budgetary support from the Goa government
NBCC (India) shares surged as the PSU stock traded ex-bonus, with the company set to issue 90 crore bonus shares in a 1:2 ratio.
In a regulatory filing, NBCC informed that HSCC (India) Ltd, its wholly-owned subsidiary, has recently been awarded establishment work of AIIMS, Darbhanga from the union health ministry.
NBCC and MTNL shares are in focus as the companies signed an MoU to jointly develop a 13.88-acre land parcel on Pankha Road, New Delhi, into residential and commercial space.
The company plans to issue a total of 90 crore equity shares, each with a face value of Rs 1.
NBCC through multiple auctions has sold entire office space measuring 32.88 lakh sqft, valuing Rs 13,408.7 crore at WTC, Nauroji Nagar, New Delhi. Similarly, the NBCC has successfully sold the entire commercial and retail inventory of 3.64 lakh sqft valuing approximately Rs 1,391 crore at Downtown in Sarojini Nagar.
NBCC said name of work is 'development of Satellite Township spread over 406 acres at Rakh-e-Gund Akshah, Bemina, Srinagar ( J&K)'
In a regulatory filing, NBCC informed that HSCC (India) Ltd has recently been awarded "construction of new government medical college of 100 student capacity and 430-bedded hospital at Buldhana."
NBCC (India) touched a 52-week high on July 4 and Sakuma Exports touched a 52-week low on July 4.
Among these orders, the largest one is from the Ministry of External Affairs - at Rs 130 crore - for the construction of residences at a government plot in New Delhi.
NBCC shares have delivered multibagger returns of around 235 percent in the last one year, more than tripling investors' money.
In view of the fact that the petitioner has been forced to shift accommodation and fend for himself in the last seven years and has been put to extreme mental agony, this court is inclined to direct the NBCC to pay a sum of Rs. 5 lakh to the petitioner," the court ordered.
HUDCO and NBCC shares jumped up to 8 percent on May 8 on heavy volumes. Both stocks look bullish on daily charts, according to analysts.
At the World Trade Centre project in Delhi's Nauroji Nagar, NBCC has sold commercial real estate inventory valuing approximately Rs 6,500 crore during FY24.
The construction and real estate developer estimates the move will help it save $108 million in interest costs over the next two years, said the sources, who did not want to be named as the discussions are private.
As of date, the company has sold a total commercial inventory of over 30 lakh sq ft through 25 e-auctions having a sale value of over Rs 12,100 crore
The share touched a 52-week high of Rs 176.50 and a 52-week low of Rs 30.96 on 05 February, 2024 and 28 March, 2023, respectively.