NBCC (India) Ltd

In a regulatory filing, NBCC announced the award of three new projects in the ordinary course of business. These include construction of a multistorey court building in Gudivada, Andhra Pradesh, valued at Rs 46.69 crore; development of a 14-court building complex in Bhimavaram, worth Rs 72.17 crore; and renovation of the TEC Building in New Delhi, amounting to Rs 2.04 crore. Additionally, on April 7, NBCC signed a Memorandum of Understanding (MoU) with RailTel to collaborate on data centre projects across India and overseas for the next five years. As part of this partnership, NBCC will provide Project Management Consultancy (PMC) services for the construction of data centre buildings and associated civil/passive infrastructure. RailTel will handle planning, designing, supply, installation, testing, commissioning (SITC), and operations & maintenance (O&M) of the IT-related infrastructure. This collaboration is designed to leverage the core competencies of both organizations, enabling them to supplement each other's capabilities and enhance client acquisition and service delivery efficiency on a long-term, sustainable basis. NBCC (India) is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates into three major segments namely project management consultancy, engineering procurement & construction and real estate. As on December 2024, the Government of India held 61.75% stake in the company. On a consolidated basis, the company's net profit rose 25.05% to Rs 138.48 crore while net sales rose 16.99% to Rs 2826.96 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

The project involves the renovation and interior work of Lokpal Premises at Vasant Kunj, New Delhi. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company reported a 25.41% increase in consolidated net profit to Rs 142.43 crore in Q3 FY25 as against Rs 113.57 crore in Q3 FY24. Revenue from operations rose 16.65% year on year (YoY) to Rs 2,826.95 crore in the quarter ended 31 December 2024. Shares of NBCC (India) shed 0.69% to Rs 82.24 on the BSE. Powered by Capital Market - Live

This collaboration aims to jointly undertake a wide range of consultancy, fee-based, EPC, and redevelopment projects from concept to commissioning. NBCC stated that it will enter redevelopment for the first time in Maharashtra, building on its success in transforming the landscape of Delhi through this unique redevelopment model. Under this partnership, NBCC and MAHAPREIT will collaborate on key infrastructure projects in Maharashtra, including cluster development projects in Thane Municipal Corporation, data centers, renewable energy initiatives, slum rehabilitation projects in the Mumbai Metropolitan Region (MMR), and various residential projects under the Pradhan Mantri Awas Yojana (PMAY). These projects, with an estimated value of Rs 25,000 crore, will be executed in a phased manner over the next three to five years, NBCC said. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company reported a 25.41% increase in consolidated net profit to Rs 142.43 crore in Q3 FY25 as against Rs 113.57 crore in Q3 FY24. Revenue from operations rose 16.65% year on year (YoY) to Rs 2,826.95 crore in the quarter ended 31 December 2024.Powered by Capital Market - Live

NBCC (India) has secured order worth Rs 219.45 crore from Centre for development of Telematics (C-DOT). The order comprises of Project Management Consultancy (PMC) Services for Planning, Supervision, Construction & Development of Various Buildings, i.e. Data Centre, Housing & Hostels, Technical Block and Residential Buildings etc. at C-DoT Campus, Mehrauli, New Delhi.Powered by Capital Market - Live

NBCC (India) has secured orders worth Rs 438.98 crore from Uttarakhand Investment and Infrastructure Development Board (UIIDB) as detailed below: 1. Rodi Belwala Area Revitalisation 2. Sati Kund and surrounding development 3. Har ki Pauri and Subhash Ghar Revitalisation 4. Redevelopment of Parking and Commercial area at Upper road opposite Railway Station (Existing bus stand, Haridwar) Powered by Capital Market - Live

The first order was awarded by UIIDB for the Rodi Belwala Area Revitalization, including Sati Kund and surrounding developments at Har Ki Pauri, as well as the Subhash Ghar Revitalization and redevelopment of parking and commercial areas at Upper Road, opposite the Railway Station (existing bus stand, Haridwar). The quoted amount for this construction project is Rs 438.98 crore. The second order was received from C-DOT for Project Management Consultancy (PMC) Services for the planning, supervision, construction, and development of various buildings, including a data center, housing & hostels, a technical block, and residential buildings at the C-DOT campus in Mehrauli, New Delhi, totaling Rs 219.45 crore. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company reported a 25.41% increase in consolidated net profit to Rs 142.43 crore in Q3 FY25 as against Rs 113.57 crore in Q3 FY24. Revenue from operations rose 16.65% year on year (YoY) to Rs 2,826.95 crore in the quarter ended 31 December 2024. Shares of NBCC (India) declined 2.64% to Rs 83.10 on the BSE.Powered by Capital Market - Live

NBCC (India) has successfully sold 1,046 residential units at Aspire Centurian Park, Greater Noida (W), U.P through an e-auction at total sale value of approx. Rs. 2,353 crore. NBCC will get marketing fee @ 1% of sale value. Powered by Capital Market - Live

The company is serving as the project management consultant (PMC) for the construction and development of infrastructure at MGIRI, as well as the hostel and VIP guest house at MGIRI, Wardha, to be executed under the EPC (engineering, procurement, and construction) mode. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company reported a 25.41% increase in consolidated net profit to Rs 142.43 crore in Q3 FY25 as against Rs 113.57 crore in Q3 FY24. Revenue from operations rose 16.65% year on year (YoY) to Rs 2,826.95 crore in the quarter ended 31 December 2024.Powered by Capital Market - Live

The headline equity benchmarks traded with major losses in mid-afternoon trade, primarily driven by mixed global sentiment and a weak handover from the US markets. Concerns over Donald Trump's tariff policies and their potential impact on the US economy, along with reports of a new bat coronavirus strain in China and renewed tensions between Russia and Ukraine, weighed heavily on investor sentiment. The Nifty dropped below the 22,550 level. Oil & Gas shares witnessed selling pressure for the third consecutive trading session. At 14:28 IST, the barometer index, the S&P BSE Sensex, tumbled 884.16 points or 1.17% to 74,425.20. The Nifty 50 index dropped 257.30 points or 1.13% to 22,538.60. In the broader market, the S&P BSE Mid-Cap index shed 0.73% and the S&P BSE Small-Cap index slipped 0.76%. The market breadth was weak. On the BSE, 1,219 shares rose and 2,684 shares fell. A total of 190 shares were unchanged. Economy: India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data released by the central bank on Friday showed. Foreign currency assets, the largest component of forex reserves, dropped by $4.515 billion to $539.591 billion. Gold reserves, however, saw a rise of $1.942 billion, reaching $74.15 billion during the week. Meanwhile, special drawing rights (SDRs) increased by $19 million to $17.897 billion, and India's reserve position with the International Monetary Fund (IMF) edged up by $14 million to $4.083 billion. Buzzing Index: The Nifty Oil& Gas index dropped 0.98% to 9,975. The index fell 2.03% in the two trading sessions. Oil India (down 3.21%), Gujarat State Petronet (down 2.79%), Indraprastha Gas (down 1.73%), Oil & Natural Gas Corpn (down 1.63%), Mahanagar Gas (down 1.42%), Hindustan Petroleum Corporation (down 1.39%), Reliance Industries (down 0.99%), Castrol India (down 0.96%), Adani Total Gas (down 0.95%) and Indian Oil Corporation (down 0.77%) declined. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.55% to 6.812 as compared with the previous close of 6.700. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 86.7300, compared with its close of 86.6825 during the previous trading session. MCX Gold futures for 4 April 2025 settlement were added 0.36% to Rs 86.254. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.12% to 106.48. The United States 10-year bond yield added 0.23% to 4.430. In the commodities market, Brent crude for April 2025 settlement shed 07 cents or 0.09% to $74.36 a barrel. Stocks in Spotlight: NBCC (India) declined 1.39%. The company has announced that it has received a work order worth Rs 264.16 crore from NIT Kurukshetra. Colab Cloud Platforms hit an upper circuit of 2% after the company announced that it has formed a wholly-owned subsidiary (WOS) named Colab Sports Ventures, which will focus on the business of sports goods, equipment, and apparels. Healthcare Global Enterprises (HCG) rose 2.39% after the company said KKR, a prominent global investment firm, will acquire a controlling stake in oncology hospital chain.Powered by Capital Market - Live

The project involves the PMC for the construction of various buildings, including the academic block, hostel block, residential block, director's residence, vertical extension of hostels and academic buildings, along with other external development work at NIT Kurukshetra, located in Kurukshetra, Haryana, to be undertaken under the EPC mode. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company reported a 25.41% increase in consolidated net profit to Rs 142.43 crore in Q3 FY25 as against Rs 113.57 crore in Q3 FY24. Revenue from operations rose 16.65% year on year (YoY) to Rs 2,826.95 crore in the quarter ended 31 December 2024. Shares of NBCC (India) shed 0.88% to Rs 80.42 on the BSE.Powered by Capital Market - Live