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NBCC (India) Order: Shares of NBCC (India) witnessed a stormy rally today on Monday. Shares of the company rose 7% during today’s trade to Rs. reached at 56.35. This boom is seen in the stocks after the positive news. Indeed, the company has received a large order. As soon as this information was received, there was a rush to buy shares.
What is the order?
NBCC (India) said in an exchange filing that it has received Rs. 20 crore order has been received. .
The company raised its buyback price, set a record debt, and is delivering amazing profits
Company share price history
The company’s shares are up 7% today. It has gained 9.95% in the last five days. NBCC (India)’s share has grown nearly 40% YTD this year and 60% in the last six months. Its maximum return is more than 700%. Let us tell you that NBCC (India) Limited was earlier known as National Building Construction Corporation. It is a public sector company under the Indian Ministry of Housing and Urban Affairs.