NBCC India Ltd has announced with regards to submission of financial bid by the company in respect of 100% Strategic Disinvestment of HSCC (India) Limited invited by Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, GOI.
DIPAM intimated vide letter dated 13.09.2018 that NBCC has been selected as the buyer for 100% strategic disinvestment of HSCC at a bid amount of Rs. 285 Crores.
The detailed information will be submitted on signing of Share Purchase Agreement.
Shares of NBCC (India) Ltd was last trading in BSE at Rs.66.7 as compared to the previous close of Rs. 67.2. The total number of shares traded during the day was 493964 in over 1805 trades.
The stock hit an intraday high of Rs. 67.8 and intraday low of 65.3. The net turnover during the day was Rs. 32770571.