NBCC gains after winning order

National Buildings Construction Corporation rose 4.36% to Rs 758.05 at 9:16 IST on BSE after the company secured Project Management and Consultancy business of Rs 231.40 crore from Indian Institute of Technology, Roorkee.

The announcement was made after market hours yesterday, 10 February 2015.

Meanwhile, the BSE Sensex was up 129.02 points, or 0.46%, to 28,484.64

On BSE, so far 14,185 shares were traded in the counter, compared with an average volume of 1.54 lakh shares in the past one quarter.

The stock hit a high of Rs 762 and a low of Rs 740.25 so far during the day. The stock hit a record high of Rs 922.80 on 5 December 2014. The stock hit a 52-week low of Rs 134.15 on 4 March 2014.

The mid-cap company has an equity capital of Rs 120 crore. Face value per share is Rs 10.

On a consolidated basis, net profit of NBCC fell 0.9% to Rs 60.67 crore on 4.2% increase in net sales to Rs 904.29 crore in Q2 September 2014 over Q2 September 2013.

NBCC provides civil engineering construction services. The company's present arrays of operations are categorized into three main segments -- project management consultancy (PMC), real estate development and engineering, procurement and construction (EPC) contracting.

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