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.
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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.
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Shareholding pattern of NBCC (India):
Dec 2024 | Sep 2024 | Jun 2024 | |
Promoter | 61.80% | 61.80% | 61.80% |
FII | 4.20% | 4.10% | 4.40% |
DII | 8.90% | 9% | 10% |
Public | 25.20% | 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.