2,278 crore order book: This construction company receives orders worth Rs 264.05 crore!

Since the stock is listed on the exchanges (April 13, 2012) it gave multibagger returns of 555 per cent till today.

NBCC (India) Ltd (BSE Script Code: 534309; NSE Script Code: NBCC), has been awarded a work order worth Rs 264.05 from Ravenshaw University, Cuttack. The order includes various construction and development works in the Mahanadi campus of Ravenshaw University (Phase-II).

In the financial year 2024, the company order book stands at Rs 2,278 crore orders including the above order. In just 1 month (April 2023), the company has bagged orders worth Rs 1,264.48 crore.

DSIJ offers a product 'Vriddhi Growth' with recommendations for long term stocks to invest for growth based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the product details pdf here

On Friday, shares of NBCC (India) Ltd plunged 0.39 per cent to Rs 41.26 per share from its previous closing of Rs 41.42 with an intraday high of Rs 42 and low of Rs 41.10. The stock has a 52-week high of Rs 43.80 and a 52-week low of Rs 26.70.

NBCC (India) Ltd is engaged in project management consultation, engineering procurement and construction and real estate making up the company's three main business divisions. In both its quarterly and annual results, the company reported positive numbers.

Since the stock is listed on the exchanges (April 13, 2012) the stock gave multibagger returns of 555 per cent till today. Investors should keep an eye on this Mid-Cap stock.