Shares of NBCC (India) Limited, the state-owned construction company, saw a notable uptick on March 26, 2025, gaining as much as 1.07% to hit an intraday high of ₹84.07 on the Bombay Stock Exchange (BSE). The positive movement came after the company announced that it had won two major orders worth ₹658 crores. This news prompted investors to buy shares online, leading to a slight rise in the stock price during the session.
The first of these orders was a ₹439 crores contract awarded by the Uttarakhand Investment and Infrastructure Development Board (UIIDB). As part of this contract, NBCC will be tasked with the revitalisation of several prominent locations in Haridwar, Uttarakhand. The work includes the development of Sati Kund, the revitalisation of Har ki Pauri, Subhash Ghar, and the redevelopment of parking and commercial areas near the railway station. This development project is expected to bring substantial infrastructure improvements to the region, offering NBCC further visibility in the sector.
In addition to the Uttarakhand project, NBCC secured another contract worth ₹219.45 crores from the Centre for Development of Telematics (C-DOT). The project involves providing Project Management Consultancy (PMC) services for the planning, construction, and development of various buildings at the C-DOT campus in Mehrauli, New Delhi. This contract will add to the company’s already diverse portfolio of public sector projects, contributing significantly to its revenue stream.
NBCC achieves major milestone with residential unit sale
Apart from securing large contracts, NBCC recently reported a significant achievement in the residential real estate sector. Last week, the company informed exchanges that it had successfully sold 1,046 residential units at Aspire Centurian Park in Greater Noida West, Uttar Pradesh, through an e-auction.
The total value of the sale stood at approximately ₹2,353 crores, with NBCC set to receive a marketing fee of 1% of the sale value. This sale not only underscores NBCC’s growing influence in the real estate market but also reflects the company’s ability to drive large-scale property transactions.
In addition to these developments, NBCC’s financial performance for the quarter ended December 2024 showed impressive growth. The company reported a net profit of ₹128.59 crores, marking a 37% increase from ₹94 crores in the same period the previous year. Its revenue from operations grew by 7% to ₹2,047.77 crores from ₹1,918.60 crores in the same quarter of the previous year, showing the company’s ongoing expansion in both the public and private sectors.
Stock performance and outlook
Despite the recent gains, NBCC shares have faced a challenging year so far. The stock has declined by 10% year-to-date, underperforming the NIFTY50 index, which has seen a modest increase of 0.10% year-to-date. The stock closed 2.54% lower at ₹83.18 on March 25, 2025, reflecting some investor caution despite the positive news surrounding the company’s latest projects.
NBCC’s consistent growth in both infrastructure and residential real estate projects positions the company well for long-term growth, especially with continued public sector projects and increasing demand for urban development. If the company can maintain its momentum, these developments could translate into higher stock values in the coming months.
Live stock updates
As of 10:55 AM on March 26, 2025, shares of NBCC (India) Limited have risen by 0.47% to ₹83.57 per share, showing a slight rebound after a weaker close the day before. The stock’s recent upward movement follows the announcement of two significant orders, valued at ₹658 crores, from government bodies in Uttarakhand and Delhi. With these new contracts and the successful sale of residential units, NBCC is on a promising growth trajectory.
For investors interested in buying shares online, NBCC’s current stock price offers a potential opportunity, considering its recent achievements and ongoing projects. The company’s diversified portfolio, coupled with positive financial results, positions it as a strong player in the infrastructure and real estate sectors. Keep an eye on further developments as they unfold and track stock prices for the most up-to-date information on NBCC’s performance.
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