NBCC India Ltd has received a letter from Mr. R Venkataramani, Court Receiver appointed by Hon'ble Supreme Court of India vide letter dated March 18, 2020 to call the tender for 8 Housing projects comprising 23013 Housing Units at Noida and Greater Noida having estimated project value of Rs. 5075.75 Crore.
The Hon'ble Supreme Court of India had appointed NBCC to develop these projects and fixed the project management fees at 8%.
Shares of NBCC (India) Ltd was last trading in BSE at Rs.17.05 as compared to the previous close of Rs. 15.5. The total number of shares traded during the day was 611494 in over 1695 trades.
The stock hit an intraday high of Rs. 17.05 and intraday low of 15.4. The net turnover during the day was Rs. 10066089.