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nbcc

NBCC stock rises 1%

The company has secured a total business of Rs2,392cr in the month of April 2018.

Shares of NBCC rose 1%. The company has secured a total business of Rs2,392cr in the month of April 2018.

NBCC Ltd is a Navratna PSU engaged in the business of project management consultancy (PMC), real estate and EPC. PMC and redevelopment comprises 87%, real estate and EPC forms 13% of the company’s Q3FY18 order book. Through PMC, the company has been executing many landmark projects.

The stock is currently trading at Rs104.50 up by Rs0.95 or 0.92% from its previous closing of Rs103.55 on the BSE. The scrip opened at Rs103 and has touched a high and low of Rs105 and Rs103 respectively.