This PSU Stock, Which Was Valued Less Than Rs 100, Received Rs 65 Crore In New Work.

Hindustan Steel Construction Limited, a subsidiary of NBC India Limited, announced on Monday that it has secured contracts totaling Rs 65 crore. The shares of the corporation are priced below Rs 100.

Hindustan Steel Construction Limited, a subsidiary of NBC India Limited, received a project valued at Rs 65 crore on Monday. This work was given to the company by Bank of Baroda. On November 4, 2024, the company provided information regarding this work order. Let us tell you that NBCC Limited’s shares ended the day at Rs 97.68, down around 2.5 percent on the BSE.

The PSU company received multiple orders totaling Rs 235.46 crore earlier on Friday. The value of one of these orders is Rs 186.46 crore. Power Grip Corporation of India is the source of this order. The NBCC office in Gurugram needs to be renovated.

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I have a job in Banaras

NBCC Limited has received work from Mahatma Gandhi Kashi Vidyapeeth University in Banaras valued at Rs 44 crore. Here, NBCC must construct an innovation center and multipurpose hall. In addition, the organization has a refurbishment project at Sampurnanand Sanskrit University worth Rs 5 crore.

Was there a bonus trade made by the corporation last month?

The shares of NBCC Limited were traded as ex-bonus stock on October 7, 2024. To qualified investors, the corporation offered a bonus of one share for every two shares.

The company’s share prices have increased by around 80 percent this year. The share price of the company has increased by 118 percent in just one year. Investors who have owned the stock for two years have, however, already profited by 332 percent. Let me inform you that NBCC Limited’s 52-week high is Rs 139. Additionally, the company’s 52-week low is Rs 42.55.

(This isn’t advice on investments. There are hazards associated with the stock market. Before making any investments, please consult a professional.)

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Himanshu Kumar

Hello, my name is Himanshu Kumar and I am an experienced Digital Marketer. I have been blogging for the last 4 years and I have special interest in SEO. Here I give you easy and reliable information related to Tech, Trending, and Business, so that you can take better decisions based on the right information. My aim is to always provide you with accurate, new and useful information.

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