NBCC (India) Ltd., the state-owned construction major, has won a ₹162-crore contract for interior work at Tower H of the World Trade Centre in Nauroji Nagar, New Delhi. The contract has been awarded by Power Finance Corporation Ltd. and falls under NBCC’s routine business operations.
Project Scope & Strategic Importance
- The contract involves high-end interior finishing for Tower H, enhancing the commercial infrastructure of the World Trade Centre.
- NBCC continues to strengthen its presence in large-scale government projects, reinforcing its expertise in urban development.
Market Reaction & Stock Performance
Following the announcement, NBCC shares rose 2.06%, closing at ₹113.12 on the BSE. Investors responded positively to the company’s consistent project wins, reflecting strong business momentum.
Recent Developments & Expansion Plans
- Last week, NBCC concluded the e-auction of Aspire Silicon City – Phase 4, awarding development rights to AU Real Estate for ₹1,467.93 crore.
- The company has also secured a ₹44.62 crore order from MGIRI, Wardha, further expanding its project portfolio.
With strategic project acquisitions and steady market performance, NBCC (India) Ltd. continues to reinforce its leadership in India’s infrastructure sector.
For more updates on market trends and corporate developments, stay tuned!
