NBCC Wins 215.63 Cr Order, Shares In Green; Buy Shares?

NBCC (India) Ltd shares witnessed jump of 1.54% in trade today on BSE to settle at Rs 82.88 per share. The stock delivered double digit returns in last 1-month as shares gained 13.72%. The company informed today that it bagged two orders worth Rs 215.63 crore from Central University Haryana and Western Regional Power Committee. The company has a market capitalisation of Rs 22,377.60 crore. Meanwhile, Life Insurance Corporation Of India (LIC) has stake of 5.11% with 137,911,863 shares of the company. The company recommended a total of 16 dividends and maintains a dividend yield of 1.15%. Check more details below:

NBCC Bags Order

According to the exchange filing of the company dated April 2, 2025, it received a work order worth Rs 166.93 crore from Central University Haryana, Mahendergarh. The order pertains to Comprehensive Project Management Consultancy Services for Planning, designing and development of infrastructure facilities and other related works in the Campus of Central University of Haryana, Jant-Pali, Mahendergarh.

The Navratna PSU bagged second order worth Rs 48.70 crore from Western Regional Power Committee. NBCC will be providing Project Management Consultancy (PMC) Services for Demolition & Comprehensive Design Engineering, Construction and Furnishing of WRPC Office (including Guest House) and External Development work at Andheri East, Mumbai.

The company on March 28 awarded order worth Rs 82.08 crore from Lokpal of India. NBCC received work order from Mahatma Gandhi Institute for Rural Industrialisation (MGIRI) worth Rs 44.62 crore on March 17.

NBCC Shares Performance

The 52-week high of NBCC share price on BSE is Rs 139.90 per share (as on 28/08/2024) and 52-week low price is Rs 70.82 per share (as on 03/03/2025), respectively. NBCC shares declined 10.82% year-to-date, slipped 31.03% in last 6-month, and fell again by 3.08% in last 1-year. In last 2-years, NBCC (India) shares zoomed 251.04% and offered stunning returns of 666.70% in last 5-years. In last 10-years, NBCC stock surged 90.8%.

NBCC Dividend 2025

The company on February 11, 2025 declared an interim dividend of Rs. 0.53 /- (i.e. 53%) per equity share of Rs. 1 each for FY 2024-25. NBCC shares traded ex-dividend on February 18, 2025.

Should You Buy NBCC (India) Shares?

Brokerage firm Nuvama assigned buy call with target price of Rs 119 (reduced from previous target price of Rs 133 per share). The analyst said, “Order-wins remained strong at Rs 47,200 crore in 9mFY25; the company awarded projects worth Rs 16,000 crore in the nine months of the year. While improvement in order intake is a positive, lesser-than-expected progress on top line/margins forces our hand to slash FY25-27 EPS by 3-5% and PE from 50x to 45x.”

NBCC Financials Compared With Peers

The company for the December 2024 quarter declared profit after tax (PAT) of Rs 128.60 crore. Meanwhile, during the similar quarter, its rival LT declared PAT of Rs 2419.38 crore, PNCINFRA at Rs 82.65 crore and ITDCEM reported Rs 87.02 crore PAT.

NBCC Bonus Shares History

It declared bonus shares twice since 2017. NBCC’s last bonus was declared in the ratio of 1:2 with ex-date fixed as October 7, 2024.

Disclaimer: The stock has been picked from the brokerage report of Nuvama. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.