NBCC (India) gained 4.58% to Rs 36.50 after the company signed a Memorandum of Understanding for providing project management consultancy for development of National Sports University.
Meanwhile, the S&P BSE Sensex was up 179.64 points or 0.46% to 38,846.97.
On the BSE, 1.01 lakh shares were traded in the counter so far compared with average daily volumes of 19.12 lakh shares in the past two weeks. The stock hit a high of Rs 36.65 and a low of Rs 35.50 so far during the day.
The stock hit a 52-week high of Rs 68.95 on 12 November 2018. The stock hit a 52-week low of Rs 28.55 on 23 August 2019.
NBCC (India) after market hours yesterday, 30 September 2019 announced that the company has signed a Memorandum of Understanding (MoU) with Ministry of Youth Affairs & Sports (MYAS), Department of Sports, Government of India to Provide Project Management Consultancy for development of National Sports University at Imphal, Manipur. The approximate cost of project would be Rs 400 crore.
NBCC (India) is a Government of India Navratna Enterprise. With operations spreading across India & Overseas, the company is organized into three market focused segments : PMC (Project Management Consultancy), EPC (Engineering Procurement & Construction) & RE (Real Estate).
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