 "NBCC rallies on orders worth Rs 587 crore in June")
NBCC (India) has rallied 14% to Rs 223 on the National Stock Exchange (NSE) in intra-day trade after the company announced that it has won contracts valued at Rs 587 crore in June 2016.
Meanwhile, according to IANS report, the Union cabinet on Tuesday approved redevelopment of seven General Pool Residential Accommodation colonies of the government employees in the national capital.
The colonies in Sarojini Nagar, Netaji Nagar and Nauroji Nagar will be redeveloped through the NBCC, added report. LINK.
The company on Tuesday said it has signed a MoU with a Hungarian Company, M/s Gremound Engineering Ltd., for partnership in introducing new construction technology in India for implementation of Mass Housing Projects in the country.
At 10:17 AM, the stock was up 10% at Rs 214 on the NSE as compared to 0.22% rise in the S&P BSE Sensex. The trading volumes on the counter more than doubled with a combined 3.99 million shares changed hands on the BSE and NSE so far.
Meanwhile, according to IANS report, the Union cabinet on Tuesday approved redevelopment of seven General Pool Residential Accommodation colonies of the government employees in the national capital.
The colonies in Sarojini Nagar, Netaji Nagar and Nauroji Nagar will be redeveloped through the NBCC, added report. LINK.
The company on Tuesday said it has signed a MoU with a Hungarian Company, M/s Gremound Engineering Ltd., for partnership in introducing new construction technology in India for implementation of Mass Housing Projects in the country.
At 10:17 AM, the stock was up 10% at Rs 214 on the NSE as compared to 0.22% rise in the S&P BSE Sensex. The trading volumes on the counter more than doubled with a combined 3.99 million shares changed hands on the BSE and NSE so far.
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