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NBCC gains on winning order from ITPO

The stock was up 3% at Rs 959 after the company bagged order from ITPO for re-development of Pragati Maidan in New Delhi for an estimated cost of Rs 2,149 crore.

Pragati Maidan available for Defexpo, says ITPO
SI Reporter Mumbai
Last Updated : Jan 27 2016 | 9:44 AM IST
National Building Construction Corporation (NBCC) is trading higher by 3% at Rs 959 on the BSE in early morning trade after the company announced that it has bagged a work order from India Trade Promotion Organization (ITPO) for re-development of Pragati Maidan in New Delhi for an estimated cost of Rs 2,149 crore.

The order is for construction of Integrated Exhibition cum Convention Centre (IECC), NBCC said in a statement.

The stock hit a high of Rs 969 on the BSE and has seen a combined 44,636 shares changed hands on the counter on the BSE and NSE.
 

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First Published: Jan 27 2016 | 9:32 AM IST

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