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NBCC India gains 3pct as co gives 2 LoA worth INR 1376 crore

Infra News - Published on Tue, 23 Oct 2018

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NBCC India share price gained 3.2 percent intraday after company gave 2 letter of awards for projects worth INR 1,376.5 crore. The company has issued letter of awards (LoA) for works of redevelopment of Ayur Vigyan Nagar campus of AIIMS at New Delhi. This include construction of residential towers and commercial towers, social infrastructure buildings, external development works and allied works on EPC basis (Pkg.-I/Phase I) for a total contract value of Rs 837,77,00,000 to Girdhari Lal Constructions.

The other project include redevelopment of Charbagh, Lucknow Railway Station and adjoining land parcels on EPC basis (Phase I) for a total contract value of Rs 538,76,00,000 to Ahluwalia Contracts (India).

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Posted By : Nanda Koijam on Tue, 23 Oct 2018
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