NBCC Secures New Work Orders Worth Rs 665.38 Crore
NBCC (India) Limited has bagged five new domestic work orders totaling approximately Rs 665.38 crore. The most significant contract is for the redevelopment of Tulsi Niketan at Ghaziabad, valued at Rs 642.82 crore, awarded by the Ghaziabad Development Authority. Other smaller projects include renovation and construction works for institutional clients such as ICMAI, ICSI, and NFSU. All these projects are categorized under the Project Management Consultancy (PMC) segment, which is the company's core business area.
முக்கிய அம்சங்கள்
Total value of newly received work orders is approximately Rs 665.38 crore.
The largest project is the Tulsi Niketan redevelopment in Ghaziabad worth Rs 642.82 crore.
Institutional orders secured from ICMAI (Rs 4.05 Cr), NFSU (Rs 6.95 Cr), and ICSI (Rs 11.56 Cr across two locations).
All contracts are domestic and will be executed under the Project Management Consultancy (PMC) model.
The orders were received in the ordinary course of business, strengthening the company's order book visibility.
👀 கவனிக்க வேண்டியவை
Investors should view this as a positive development that adds to NBCC's substantial order book. The focus should remain on the company's ability to execute these PMC projects within stipulated timelines to maintain margins.
