Stock of this PSU civil construction company zoomed over 60% in 3 months

Share of NBCC (India) hit over 5-year high at Rs 69.90, as they rallied 8 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market on back of heavy volumes.

Shares of NBCC (India) hit over five-year high at Rs 69.60, as they rallied 8 per cent on the BSE in Thursday’s intra-day trade in an otherwise weak market on the back of heavy volumes.

The stock of state-owned civil construction company was trading at its highest level since April 2018. In past three months, the stock price of NBCC has zoomed 67 per cent on back of multiple order wins.

The average trading volumes on the counter has more-than-doubled today. A combined 81.31 million equity shares representing 4.5 per cent of total equity of NBCC changed hands