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NBCC Stock Rises Over 5% After Securing ₹116.95 Crore in Fresh PMC Orders
NBCC shares gained over 5% after it won ₹116.95 crore in new PMC contracts, strengthening its order pipeline and boosting investor confidence across the construction segment.
NBCC (India) Ltd reported strong market traction on Monday after announcing new project management consultancy contracts totaling ₹116.95 crore from NIEPMD, the National Horticulture Board and Canara Bank. The Navratna PSU saw its stock climb to ₹118.90, advancing 5.58% from the previous close, driven by confidence in its expanding order book. With a market cap above ₹31,700 crore and a 24% one-year return, the company continues to reinforce its leadership in government construction and project execution.