NBCC gains on bagging Rs. 69-cr contract from Odisha Power Transmission Corp.

NBCC (India) advanced 2.54% to Rs. 42.40 after the company secured a construction order worth Rs. 69.3 crore from Odisha Power Transmission Corporation (OPTCL).

The contract involves construction of new multistoried quarter complex consisting of 100 quarters by demolishing the existing 224 quarters at Bhoinager, Bhubaneswar

NBCC (India) provides civil engineering construction services. As on 30 September 2022, the Government of India held 61.75% stake in NBCC (India).

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