Archive · 10 Jun 2025
NBCC Stock Declines Despite ₹50.54 Crore Temple Project Contract
Imagine a company called NBCC that builds things.
They just got a new job to help build a temple, which is exciting!
This job is worth a lot of money, over 50 crore rupees.
Even though this is good news, the company's stock price went down a little bit.
However, the stock has gone up a lot this year overall, by more than a third!
The company also made good money recently, with profits and sales up from last year.
They are also working on other projects like building houses and doing interior work.
NBCC secured a ₹50.54 crore contract from the Ministry of Tourism.
The contract is for the development of Maa Chintpurni Temple in Himachal Pradesh.
NBCC's stock price decreased by 3% on Tuesday.
The company's shares have increased by 34.56% this year.
NBCC's Q4 net profit was ₹76 crore, with revenue at ₹4,642.5 crore.
- Who
- NBCC (India)
- What
- Received a contract to develop the Maa Chintpurni Temple, and saw its stock price decrease.
- When
- Tuesday
- Where
- Una district of Himachal Pradesh
- Why
- The stock price decreased despite the contract win.
- Contract Value
- ₹50.54 crore
- Temple Location
- Maa Chintpurni Temple, Una district, Himachal Pradesh
- Stock Closing Price
- Rs 124.75
- Stock Annual Increase
- 34.56%
- Market Cap
- Rs 33,682 crore