NBCC (India) Ltd (NSE: NBCC): The Navratna-based company NBCC (India) Limited has received numerous orders. The company said on Tuesday that it received orders totaling around Rs 450 crore.
NBCC has received the order through GAIL, New India Assurance as well as the Principal Chief Commissioner of Revenue Tax, UP (West) and Uttarakhand, Kanpur.
NBCC’s share jumped sharply to Rs 93 the previous day. In the past two years, the part of the Navratna company has grown by more than 310 percent.
NBCC has given bonus shares to shareholders twice in the last couple of years.
Details Of Orders Received By Navratna Company
NBCC is receiving an order for 50 crores of rupees from GAIL, a government-owned company. The company has also received the 2nd order from New India Assurance.
The amount of this order is 136 crore rupees. NBCC was given the third contract regarding the building of Direct Tax Bhawan and Residential Complex.
The amount of this order is Rs 262.74 crore. In the past month, NBCC got a contract worth Rs 500 crore from the Bureau of Indian Standards.
The company was informed on the 4th of November that their company subsidiary Hindustan Steelworks Construction Limited (HSCL) has been given an order worth 65 crore rupees in Bengaluru.
The Company’s Share Has Climbed More Than 310 Percent In 2 Years
The share of NBCC has increased more than 310 percent over the last two years. The share of Navratna company was the price of Rs 23.20 at the time of November 11, 2022.
The government-owned company had a figure of Rs 93 on November 12, 2024. In the past year, the share of the company has increased by almost 110 percent.
The share of NBCC was Rs 45.43 on the 13th of November 2023. The share of the company reached Rs 93 at the end of November 2024.
The 52-week high of the share of the company is Rs 139.83. However, the 52-week low point of the share of the company is Rs 42.53.
The Company Has Distributed Bonus Shares Twice
The Navratna Company NBCC (India) Limited has granted bonus shares twice in the past few years. The company gave bonus shares in a ratio of 1:2 in February.
This signifies that the company has granted 1 bonus share for 2 shares. In addition, the company which is a government entity also offered bonus shares in a ratio of 1:2 on the month of October 2024.
Quick Fact
| Company name | NBCC (India) |
|---|---|
| Type | Navratna company |
| Total order value received | ₹450 crore |
| Order from GAIL | ₹50 crore |
| Order from New India Assurance | ₹136 crore |
| Order from Principal Chief Commissioner of Revenue Tax, UP (West) & Uttarakhand, Kanpur | ₹262.74 crore |
| Contract from Bureau of Indian Standards (October) | ₹500 crore |
| Subsidiary (HSCL) order | ₹65 crore |
| Share growth in 2 years | More than 310% |
| Share price on Nov 11, 2022 | ₹23.20 |
| Share price on Nov 12, 2024 | ₹93 |
| Share growth in last year | Almost 110% |
| Share price on Nov 13, 2023 | ₹45.43 |
| Bonus shares granted (Feb) | 1:2 |
| Bonus shares granted (Oct 2024) | 1:2 |
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