Penny stock under Rs 40: This civil construction company bags a massive order worth Rs 207.92 crore!

Shares of the company have given about 18 per cent in returns in the last 6 months.

NBCC (India) Limited informed in the exchange filing that the company has secured new order aggregating to Rs 207.92 crore for providing comprehensive design, engineering and project management consultancy (PMC) services for planning, designing and execution of disabled accessible platforms along roads, iconic cycle track, remodelling sewage system, recycled water network transmission and providing tertiary treatment plant works for Public Works Department, Puducherry. 

NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. The company has emerged as the undisputed leader in the Construction Sector on the back of its capabilities, innovative approach, adherence to the highest standard of quality, timely delivery and a dedicated workforce 

Today, the stock opened at Rs 38.73, with a high and low of Rs 39.00 and Rs 38.15. The stock closed trading at Rs 38.28, down by 1.95 per cent. 

In the last one year, the shares of the company have given about -2 per cent returns and in the last 6 months, the stock has given about 18 per cent returns.     

The stock has a 52-week high of Rs 43.80 and a 52-week low of Rs 26.70. The company has a ROCE of 23.3 per cent and an ROE of 16.2 per cent, with a market capitalisation of Rs 6,892 crore.