Alice Blue Home
URL copied to clipboard

Trending News

PSU stock jumps after it receives orders from Govt of Mizoram for 3 hydro projects

Prominent PSU has secured a government contract for three hydro projects in Mizoram, focusing on water security, community development, and infrastructure diversification, reinforcing its role in sustainable and renewable energy initiatives.
PSU stock surges as it secures Govt of Mizoram order for three major hydro projects, boosting growth.

Introduction:

Leading PSU has secured a government contract for planning, designing, and executing three hydro projects in Mizoram. This initiative aims to enhance water security, support community development, and transform waterfalls into economic assets, boosting the company’s infrastructure diversification efforts.

Alice Blue Image

Also Read: Infra stock falls 9% after its net profits decrease by 65% in Q3

Share price movement of NBCC (India):

On February 12, 2025, NBCC (India) Limited opened at ₹87.04, up 2% from its previous close of ₹85.33. The stock reached a high of ₹87.04 (2%) and a low of ₹82.88. By 12:44 PM, it traded at ₹85.46, a 0.15% increase, with a market cap of ₹23,074.20 crore.

NBCC Secures Govt of Mizoram Contract for Three Hydro Projects:

NBCC (India) Limited has been engaged by the Government of Mizoram’s Irrigation & Water Resources Department for planning, designing, and implementing three hydro projects. This includes a sustainable dam on the Mat River, a multipurpose rainwater harnessing dam in Champhai, and a dual mini-dam project at Vantawng.

The projects align with NBCC’s expertise and expand its presence in the hydro sector. These initiatives aim to enhance water security, promote community development, and transform waterfalls into economic assets.

NBCC has disclosed this development on its official website, reinforcing its commitment to infrastructure diversification. The company continues to secure key government projects, strengthening its role in sustainable infrastructure and renewable energy development across India.

Recent news on NBCC (India):

As of January 15, 2025, NBCC (India) Ltd has secured new orders worth ₹405.08 crore for construction and development projects at Delhi University, Fakir Mohan University, Maharaja Sriram Chandra Bhanja Deo University, and UPCLDF’s headquarters in Lucknow.

Stock performance of NBCC (India) for Period of 1 week, 6 months and 1 year:

NBCC (India) Ltd has faced short-term declines, with a 10.2% drop over the past week and a 30% fall in six months. However, the company maintains resilience, posting a 2.93% gain over the past year, reflecting long-term stability.

Also Read: Shipping stock falls 7% after reporting ₹3.3 Cr loss against ₹56 Cr profit in the previous year

Shareholding pattern of NBCC (India):

Dec 2024Sep 2024Jun 2024
Promoter61.80%61.80%61.80%
FII4.20%4.10%4.40%
DII8.90%9%10%
Public25.20%25.00%24.30%

About NBCC (India):

NBCC (India) Ltd (NSE: NBCC) is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. It operates across Project Management Consultancy, Engineering Procurement & Construction, and Real Estate, driving key infrastructure and development projects nationwide.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

Loading
Submit the form, and get to know how you scored!!!
Read More News
300%+ रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने मजबूत वृद्धि, उच्च रिवार्ड्स और विस्तार दिखाया।

Electric Equipment Stocks, जिन्होंने 300% से ज्यादा रिटर्न दिया है और निवेशकों के लिए खास नजर रखने लायक हैं।

300% से अधिक रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने जबरदस्त वृद्धि दिखाई है। बढ़ती मांग, तकनीकी नवाचार और विस्तार

*T&C apply