The rise in the share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured orders worth Rs 1,322.48 crore
Here's the complete list of stocks trading ex-date next week, along with their respective corporate announcements, and key details
Here is the full list of stocks that will trade ex-date on Monday for major corporate announcements, such as dividends, bonus, and Rights issue
NBCC (India) Ltd has bagged a Rs 75 crore contract to build additional infrastructure at Indian Institute of Information Technology, Nagpur. The company said in a statement on Thursday it has "secured a prestigious project for the construction and development of additional infrastructure at the Indian Institute of Information Technology (IIIT), Nagpur. " With an estimated project cost of Rs 75 crore, this endeavour marks a significant step forward in enhancing the educational facilities at IIIT Nagpur, located approximately 25 kilometres from the city. Following the successful completion of Phase I, which included an Academic Block (G+5), an Admin Block (G+2), a Hostel Block (G+10) and a Residential Block (G+11), the institute is now ready to expand its infrastructure further. The upcoming Phase II will encompass the construction of an Academic Block B, alongside essential external development work and associated electrical and mechanical services. Additionally, the project will .
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The state-owned NBCC on Tuesday moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited's 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. These 17 projects were launched in the National Capital Region, Dehradun and Bengaluru but completion of the residential units was hit due to financial crisis faced by the realty major which led to insolvency proceedings since 2021. A bench of Justices Sanjiv Khanna and Sanjay Kumar was told by advocate ML Lahoty, appearing for the hassled home buyers, that the National Buildings Construction Corporation Ltd (NBCC) has come forward with a proposal to complete these stalled projects having around 51,000 residential units. Senior advocate Gopal Jain, appearing for NBCC, said the public sector undertaking has filed an intervention application in a matter related to insolvency proceedings of Supertech Ltd to develop the stalled project on the lines of Amrapali
State-owned NBCC (India) Ltd has signed an initial pact to develop a Rs 1,600-crore worth housing-cum-commercial project on a 14-acre land parcel owned by MTNL on Pankha Road in the national capital. In a statement on Thursday, NBCC said that it has signed a Memorandum of Understanding (MoU) with Mahanagar Telephone Nigam Ltd (MTNL) to collaborate and "develop a prominent land parcel of MTNL measuring approximately 13.88 acres located on Pankha Road, New Delhi." This project aims to transform the land into a state-of-the-art residential/ commercial space, leveraging the expertise and resources of both organizations. "The project is valued at Rs 1600 crore approximately," NBCC said. The MoU was signed in the presence of K P Mahadevaswamy, CMD, NBCC, A Robert J. Ravi, CMD, MTNL. MTNL, a leading public sector telecommunications company and NBCC, a Navratna enterprise under the Ministry of Housing & Urban Affairs, have committed to this development project. "NBCC will act as the ...
The uptick in NBCC share price came after the company announced that it has inked a memorandum of understanding (MoU) with MTNL for a project worth Rs 1,600 crore.
State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of record date. "The Board of Directors has recommended the issuance of bonus shares to the shareholders of the company in the ratio of 1:2 i.e. one new fully paid-up equity share of Rs 1 each for every two existing shares to the eligible members as on the record Date," the company said. The company proposes to issue 90 crore shares as bonus shares. "Free reserves of Rs 90 crore would be utilised for the issue of bonus Shares," the NBCC said. This is subject to the approval of the shareholders in the forthcoming Annual General Meeting. The Board has fixed October 7, 2024 as record date to determine the eligibility of members to receive bonus shares. NBCC is mainly int
The uptick in NBCC share price came after the company announced, via two separate filings, that it has sold commercial spaces worth Rs 2,251 crore.
BSE analysts reflect that this Navratna stock has yielded a multibagger return year-to-date with a rally of 129.98 per cent
State-owned NBCC Ltd on Tuesday reported a 38 per cent increase in its consolidated net profit to Rs 107.19 crore for the first quarter of this fiscal. Its net profit stood at Rs 77.41 crore in the year-ago period. The company's total income rose to Rs 2,197.83 crore in the April-June quarter of this fiscal from Rs 1,974.03 crore in the corresponding period of the previous year, according to a regulatory filing. NBCC is into project management consultancy and real estate business.
The rise in the NBCC share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured an order worth Rs 411.45 crore.
State-owned NBCC (India) Ltd has bagged a Rs 70 crore project from Grid Controller of India for executing interior works in new corporate office in the national capital. In a statement, NBCC said it has inked a memorandum of understanding with Grid Controller of India Ltd (Grid-India) for execution of interior, fit outs and other associated infrastructure works for their new corporate office at Ayurvigyan Nagar, New Delhi. "The tentative value of works to be executed under this MoU is approximately Rs 70 crore," it added. The MoU was signed by Alok Kumar, Senior General Manager, Grid-India and Mudit Bhatnagar, CGM (Engg), NBCC in the presence of S R Narasimhan, CMD, Grid-India; K P Mahadevaswamy, CMD, NBCC; B K Sokhey, Director (Finance), NBCC; Saleem Ahmad, Director (Projects), NBCC and other senior officials from both organizations. Earlier, Grid-India, which is responsible for National Load Dispatch, had purchased this new office of around 61,000 sq ft from NBCC at approximatel
The State-owned company's profit rose 24.6 per cent on a year-on-year (Y-o-Y) basis to Rs 141.5 crore in the March quarter of financial year 2024 (Q4FY24)
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Thus far in the financial year FY24, the stock price of NBCC (India|) has skyrocketed by 375 per cent.
The nature of work order is project management consultancy (PMC) on a deposit work basis