NBCC (India) Ltd shares recovered to trade in the green on Tuesday, rising to ₹100.40, up 0.20%, after dipping earlier to an intraday low of ₹97.59. The recovery followed the company’s announcement of new infrastructure orders worth approximately ₹64.67 crore.
The work orders cover three projects across key regions. The largest, valued at ₹29.65 crore, is for constructing a hostel block at Sewa Bharti’s Vidya Mandir in Mandoli, Delhi.
Another ₹18.05 crore contract involves infrastructure development at the NALSAR University of Law, Hyderabad, while a ₹16.97 crore assignment pertains to developmental works at Dhamnagar College in Bhadrak, Odisha.
The clients include both state education departments and institutional bodies.
These fresh orders, though part of NBCC’s routine business, reflect the company’s sustained traction in the educational infrastructure space. The contracts also come at a time when NBCC is actively expanding its project base.
Earlier in March, the company signed a memorandum of understanding with Maharashtra’s Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) for various consultancy and redevelopment assignments. From this tie-up alone, NBCC is targeting around ₹5,000 crore in revenue in FY26.
Chairman and Managing Director K P Mahadevaswamy had indicated the company expects to close FY25 with an EBITDA margin between 5.5–6%, pointing to stable operational performance.
