NBCC gets new project worth Rs 263 crore. Navratna company, which has doubled its money in a year, will get wings again today.
Today on Monday 18th November, if you are entering the Indian stock market then you can keep an eye on the shares of NBCC today. Shares of the company may be seen rising today due to many reasons. Recently, quarterly results of the company have been released due to which people's attention is focused on this stock, whereas today the company has got another contract, the impact of which can be seen on the shares of the company in the Indian market.
NBCC (India) Limited in Kheora Bangar, Kanpur, Uttar Pradesh residential complex, multi-storey training unitAnd Direct Tax Bhavan for the construction of Income Tax Department one with Memorandum of Understanding (MoU) Put signature on. Estimated value of this project ₹263 crore Is.
Main points of the agreement:
- Signatory:
- Shyodan Singh BhadauriaIncome Tax Commissioner.
- Nagendra KumarChief General Manager (Engineering), NBCC.
- attending officer:
- Krishna MurariPrincipal Chief Commissioner of Income Tax, Uttar Pradesh (West) and Uttarakhand.
- Vijayanand IndianAdditional Income Tax Commissioner.
- Vikas ChaudharyDeputy General Manager (Engineering), NBCC.
Key Features of the Project:
- Direct Tax Bhavan:
- This building will be a state-of-the-art administrative center for the Income Tax Department.
- The purpose of the building is to increase administrative efficiency and provide modern facilities.
- residential complex:
- It has been designed keeping in mind the residential needs of the employees of the department.
- The complex will comprise of a variety of quarters, catering to diverse residential needs.
Talking about performance, the company's shares have doubled investors' money in the last 1 year and given 100% returns. Although the company's shares have fallen by about 10% in the last 6 months, the company's shares have fallen by 17% in the last one month.
The highest price of the company in 52 weeks has been Rs 140 while the lowest price has been Rs 42.53. At the time of market closing on the last trading day, the share price of the company was Rs 89.90.
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