Business Standard

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
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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