Multibagger penny stock under Rs 70 and Rs 55,000 crore order book: This multibagger civil construction company bags new work order worth Rs 312.79 crore!
The stock has gained more than 100 per cent in the last one year.
NBCC (India) Limited has bagged four new orders worth Rs 312.79 crore. The first order is to provide and fix LED flood lights in the Dampa Tiger Reserve Forest (DTRF) area in Mizoram State along the Indo-Bangladesh Border for Rs 60.79 crore. The order has been placed by the Directorate General, C.P.W.D. The second order is for the construction of Phase A and B works for JNV Khagariya (Bihar) for Rs 40 crore. This order has been placed by Navodaya Vidyalaya Samiti.
The third order is from the University of Health Sciences Kutail at Karnal, Haryana and is worth Rs 75 crore. The order is for planning and procurement of hospital furniture, biomedical equipment, installation and long-term maintenance for the under-construction hospital. The fourth order is worth Rs 137 crore and is for planning and procurement of hospital furniture, bio-medical General, equipment, installation and long-term maintenance for the under-construction Government Medical Colleges at Koriyawas, Mahendergarh and Pt. Neki Ram Sharma Government Medical College, Bhiwani, Haryana.
Also read, Investing or Trading: Which Path Is Right for You?
NBCC is a central government enterprise under the Ministry of Urban Development and is a Schedule A Navratna company. The company was set up to undertake civil and industrial infrastructure projects for central and state governments. As of Q1FY24, the company has an order book worth Rs 55,000 crore. The company's management is also expecting orders worth Rs 11,000 crores to Rs 12,000 crores in the future.
The shares of the company have gained about 180 per cent in the last three years and investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
Related articles
-
Multibagger penny stock under Rs 100: The telecom infrastructure company bags new order worth Rs 623 crore; stock hits new 52-week high!
-
Rs 47,040 crore order book and FIIs & DIIs increase stake: This multibagger civil construction company bags new orders worth Rs 3,244 crore!
-
Rs 55,000 crore order book and FIIs increase stake: This multibagger construction stock bags multiple new order worth Rs 1679 crore!
-
Rs 150 crore capex and FIIs increase stake: This multibagger aerospace & defence company bags new order worth Rs 36.58 crore; gains over 800 per cent!
-
This SBI backed multibagger penny stock bags new order worth Rs 427.79 crore from the Government of Jharkhand!
-
Rs 47,040 crore order book and FIIs & DIIs increase stake: This multibagger civil construction company bags new orders worth Rs 2,263 crore!
-
Rs 4.5 trillion order book: This multibagger infrastructure giant bags multiple new order worth more than Rs 7,500 crore; reports impressive quarterly results!
-
Multibagger penny stock under Rs 85: This industrial product company bags new orders worth Rs 15.75 crore from Larsen & Toubro!
-
Multibagger penny stock under Rs 30: This small-cap stock bags multiple new order worth Rs 78,58,602; gains over 200 per cent!
-
Multibagger penny stock under Rs 65 and Rs 55,000 crore order book: This multibagger civil construction company bags new work order worth Rs 80 crore!
-
Multibagger penny stock under Rs 75: This power generation company bags new order for 100-Megawatt solar power project worth Rs 600 crore!
-
Heavy buying: Back-to-back upper circuit in this micro-cap multibagger stock; PAT zooms by 163 per cent YoY!
-
Multibagger penny stock under Rs 20: This micro-cap company bags new order worth Rs 510 million!
-
Heavy buying: Back-to-back upper circuit in this micro-cap multibagger stock; hits fresh 52-week high!
-
Heavy buying: Back-to-back upper circuit in this micro-cap multibagger stock; hits fresh 52-week high!
-
Multibagger penny stock under Rs 60: This micro-cap company bags multiple new orders worth Rs 52,52,800!
-
Multibagger penny stock under Rs 30: Back-to-back upper circuit in this renewable energy stock; bags massive order of 201.6 MW for wind turbines!
-
Penny stock under Rs 5: This micro-cap company bags new orders worth Rs 530 million; board approves rights issue!
-
FIIs and DIIs increased their stake: This Software company’s net profit surged by 196 per cent in June quarter
-
Ashish Kacholia-Backed VFX Stock Hits 52-Week High with Heavy Volumes Today, Gains Over 400 Per cent Within 1 Year!