NBCC gains on winning Rs 231 crore new order from IIT

The company has secured PMC business of Rs 231.40 crore from Indian Institute of Technology (IIT), Roorkee.

SI Reporter Mumbai
Last Updated : Feb 11 2015 | 10:14 AM IST
Shares of National Buildings Construction Corporation (NBCC) is trading higher by 3% at Rs 751 after the state-owned real estate company said it has secured new order worth of Rs 231 crore from Indian Institute of Technology (IIT), Roorkee.

“The company has secured Project Management and Consultancy (PMC) business of Rs 231.40 crore from Indian Institute of Technology (IIT), Roorkee,” NBCC said in a statement.

The stock opened at Rs 740 and touched a high of Rs 762 on BSE. A combined 275,229 shares changed hands on the counter till 1011 hours on BSE and NSE.
 

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First Published: Feb 11 2015 | 10:12 AM IST

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