NBCC (India) has received orders worth Rs 41 crore from ST & SC Development, Minorities & Backward Classes Welfare Department, Govt. Of Odisha. The order entail the following: 1. Upgradation from Ashram School to High School at Dhansuli Ashram School, Jaipatna, Kalahandi. 2. Upgradation from High School to Higher Secondary School (Art Stream) at Govt (SSD) High School, Dhamanpur, Kalahandi. 3. Construction of Hostel at Bijay Kumar Academy, Govt. High School, Soharia, Bograi, Balasore. Powered by Capital Market - Live

Hindustan Steelworks Construction, a subsidiary of NBCC (India) has recently been awarded works of campus development of Gondwana University, Gadchiroli, Maharashtra of approx. value of Rs 1000 crore. Powered by Capital Market - Live

NBCC (India) has secured an order of Rs 198 crore from Steel Authority of India for designing, supplying and installing rooftop solar system at its Bokaro steel plant. Powered by Capital Market - Live

NBCC (India) has today allotted 90 crore equity shares of Re 1 each under bonus issue in ratio of 2:1. Accordingly, the paid up equity share capital has increased from Rs 180 crore to Rs 270 crore. Powered by Capital Market - Live

NBCC (India) has received a work order worth Rs 50 crore from Sports and Youth Service Department, Govt. of Odisha for construction of integrated sports complex in Dhamnagar, Bhadrak. Powered by Capital Market - Live

NBCC (India) has received an order of Rs 42.04 crore from Small Industrial Development Bank of India for SIDBI Vashi Redevelopment Project (additional sanction). The company also received an order of Rs 5 crore from Office of Development Commissioner (Handicrafts), Ministry of Textiles for Operation & Maintenance works at International Craft Compelx, Plot No.8 N.M. Marg, Vasant Kunj, New Delhi. Powered by Capital Market - Live

The firm received an additional sanction for Vashi Redevelopment Project from SIDBI of Rs 42.04 crore. Further, the company bagged order for operation & maintenance works at International Craft Compelx, at Vasant Kunj in New Delhi from Office of Development Commissioner (Handicrafts), Ministry of Textiles worth Rs 5 crore. NBCC (India) is in business of operates into three major segments namely project management consultancy, real estate and engineering procurement & construction. The company's consolidated net profit jumped 39.2% to Rs 104.62 crore in Q1 FY25 as compared with Rs 75.14 crore in Q1 FY24. Net sales increased 10.7% YoY to Rs 2118.68 crore in Q1 FY25. Shares of NBCC (India) dropped 3.41% to currently trade at Rs 174 on the BSE. Powered by Capital Market - Live

NBCC (India) has secured an order of Rs 75 crore as Project Management Consultant (PMC) for construction & development of various infrastructure works at Indian Institute of Information Technology (IIIT), Nagpur to be undertaken under EPC mode. Powered by Capital Market - Live

The order involves establishment work of AIIMS in Darbhanga, Bihar. NBCC (India) is in business of operates into three major segments namely project management consultancy, real estate and engineering procurement & construction. The company's consolidated net profit jumped 39.2% to Rs 104.62 crore in Q1 FY25 as compared with Rs 75.14 crore in Q1 FY24. Net sales increased 10.7% YoY to Rs 2118.68 crore in Q1 FY25.Powered by Capital Market - Live

The domestic equity benchmarks traded with minor gains in early afternoon trade. The Nifty traded above 24,950 mark. Auto shares advanced after declining in the past trading session. Trading could be volatile due to weekly F&O series expiry today. At 12:30 IST, the barometer index, the S&P BSE Sensex was up 157.96 points or 0.19% to 81,679.97. The Nifty 50 index added 78.20 points or 0.31% to 24,987.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.91% and the S&P BSE Small-Cap index gained 0.51%. The market breadth was positive. On the BSE, 2,171 shares rose and 1,650 shares fell. A total of 135 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.38% to 13.30. The Nifty 26 September 2024 futures were trading at 25,048.10, at a premium of 60.4 points as compared with the spot at 24,987.70. The Nifty option chain for the 26 September 2024 expiry showed maximum Call OI of 65.8 lakh contracts at the 25,000 strike price. Maximum Put OI of 109.6 lakh contracts were seen at 25,000 strike price. Buzzing Index: The Nifty Auto index rose 0.89% to 25,466.15. The index fell 1.24% in the past trading session. Bajaj Auto (up 2.49%), Bosch (up 2.16%), Hero MotoCorp (up 1.95%), Samvardhana Motherson International (up 1.85%), Bharat Forge (up 1.85%), TVS Motor Company (up 1.37%), Mahindra & Mahindra (up 1.29%), Balkrishna Industries (up 1.06%), MRF (up 0.63%) and Exide Industries (up 0.59%) advanced. Stocks in Spotlight : NBCC (India) advanced 2.33% after the company announced that it has signed a memorandum of understanding (MoU) worth Rs 1,600 crore with Mahanagar Telephone Nigam (MTNL) to develop a 13.88-acre land parcel in New Delhi. GE T&D India added 1.15% after the company received orders aggregating to 155 million Euros from Grid solutions, Middle East FZE, Dubai and SAS France. Kalpataru Projects International rose 0.63%. The company along with its international subsidiaries has secured new orders worth Rs 2,774 crore. Powered by Capital Market - Live