Shares of NBCC (India) Limited, a Navratna PSU, gained 2.52% on Monday, closing at ₹178.50. This increase has boosted the company’s market capitalization to ₹31,860 crore. The stock has shown impressive growth, surging 203% over the past year and 116% in 2024 alone. Over a two-year period, the stock has risen a staggering 432%.
Recent Developments and Trading Activity
The recent uptick in NBCC’s stock comes after its subsidiary, HSCC (India) Limited, secured a ₹1,261 crore order from the Ministry of Health and Family Welfare for establishing AIIMS in Darbhanga, Bihar.
Despite its impressive gains, NBCC’s stock has experienced high volatility, with a beta of 1.5 over the past year. In the latest trading session, approximately 7.46 lakh shares changed hands, resulting in a turnover of ₹13.91 crore.
NBCC operates through three main segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering Procurement and Construction (EPC).
The PMC segment focuses on civil construction projects, national security infrastructure, and initiatives like the Pradhan Mantri Gram Sadak Yojna (PMGSY).
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Disclaimer
The information provided in this article is for general informational purposes only and should not be considered as financial advice. Investors are encouraged to conduct their own research or consult with a professional financial advisor before making any investment decisions based on the content of this article.
