Navratna receives orders worth Rs 489 crore
Business Business: Despite the decline in the market, the share price of Navratna NBCC (India) is continuously rising. On Monday, NBCC shares rose to Rs 100.99 on BSE. NBCC said that it has received two orders. The total value of these orders is Rs 489.6 million. Shares of this company are up 85% so far this year. Meanwhile, NBCC shares have risen by more than 82% in the last one year. Navratna has given shares to investors twice in the last few years.
Navratna NBCC (India) has received its first order from the Department of Scheduled Tribes and Castes of Chhattisgarh. The value of this order is Rs 459.6 crore. The company has to set up Eklava boarding schools at various places in Chhattisgarh. The company has received its second order from Pandit Deen Dayal Upadhyaya National Institute for the Physically Handicapped. The value of this order is 30 billion Tomans.
Navratna Corporation NBCC shares have risen 271% in the last two years. The share price of this company was Rs 27.20 on December 16, 2022. NBCC shares reached Rs 100.99 on December 16, 2024. In the last four years, NBCC stock has risen by 410%. The share price of Navratna was Rs 19.77 on December 11, 2020. The company’s stock closed above Rs 100 on December 16, 2024. The highest price of the company’s share in the last 52 weeks was Rs 139.83. At the same time, the lowest level of the stock in the last 52 weeks is Rs 48.37.
