The company has joined hands with Delhi Metro, which, priced below Rs 60, leads the way in smokeless returns.

Navratna company MBCC India Limited has signed an MoU with Delhi Metro Rail Corporation Limited (DMRC). The company has given good returns to the investors in the last one year. The good thing from investors point of view is that NBCC India Limited share price is Rs. is less than 60.

What is MoU?

The company has informed the stock exchange on 21st that an MoU has been signed with DMRC. According to information provided by NBCC, these MoUs have been made to support building and infrastructure development work abroad.

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Strong performance of the company in the stock market

On Wednesday, the company’s shares traded on the BSE at Rs. closed at 50.62. In the last one month alone, the stock had jumped by more than 20 percent. At the same time, investors who bet 6 months ago have received more than 50 percent returns. In the stock market, the company has a 52 week high of Rs 52.10 per share and a 52 week low of Rs 29.80 per share.