NBCC Secures Rs 345 Crore Orders from IIT Mandi, Kandla SEZ

NBCC, a big construction company owned by the government, just got two new big jobs worth Rs 345.04 crore.

One job is for IIT Mandi in Himachal Pradesh, where they will build academic buildings, student housing, and a sports complex.

The other job is for Kandla SEZ in Gujarat, where they will do maintenance work for a year.

Even though these are good news, the company's stock price went down by 3.04% on the day this was announced.

But overall, the stock has gone up by 19.69% so far this year.

The company's market value is now ₹30,186 crore.

In the last five years, NBCC's stock has given investors more than 448% returns.