News for NBCC (India) Limited (NBCC.NS)

Shares of the Navratna firm have zoomed 31.23% in a year and gained 263% in two years.

Shares of the Navratna firm have zoomed 41.40% in a year and gained 228.85% in two years.

Equity markets open lower, Sensex at 77,936.33, Nifty at 23,633.40; US data delays rate cuts, FIIs sell.

NBCC has been appointed to oversee the completion of 16 stalled Supertech real estate projects, encompassing nearly 50,000 homes across four states. The project, estimated to cost around Rs 9,500 crore, will bring relief to numerous homebuyers. NBCC's role as project management consultant includes a consultancy fee of 8% of the project cost.

NBCC shares ended 2.92% higher at Rs 102.92 against the previous close of Rs 100 on BSE. Market cap of the firm rose to Rs 27,788 crore.

Shares of the Navratna firm have zoomed 99.06% in a year and gained 249% in two years.

NBCC shares closed 3.26% higher at Rs 98.82 Thursday against the previous close of Rs 95.70 on BSE. Earlier, the stock rose 5% intra day to Rs 100.49 on BSE.

Shares of Housing & Urban Development Corporation (HUDCO) soard 9 per cent on signing a memorandum of understanding with NBCC (India) Ltd on November 27, 2024, in New Delhi, for the development of a 10-acre HUDCO-owned land parcel in Noida.

NBCC (India) partnered with HUDCO to develop a Noida land parcel, estimated at Rs 600 crore. NBCC also secured a Rs 316 crore work order for a school hostel upgrade in Odisha. The company's stock, despite recent declines, has delivered impressive returns over the past year and year-to-date.

The GIFT Nifty was trading near 24,300 in early trade on Thursday. Housing & Urban Development Corp Ltd., NBCC (India) Ltd., and Waaree Energies Ltd. share prices may react.

RVNL shares declined 1.61 per cent to Rs 535.50. IREDA fell 1.10 per cent to Rs 229.80. IFCI slipped 0.53 per cent to Rs 70.73. HUDCO edged 0.9 per cent lower at Rs 248.70.

Several major companies, such as Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric, are set to release their June quarter earnings reports this week.

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 5, 2024.

In terms of levels, immediate resistance for Nifty 50 is notable at 22,800, a significant level on higher time frames, with further resistance observed at 23,170 and 23,400.

Bengaluru BSE Sensex and Nifty 50 rise, while sectoral indices show mixed trends; top gainers and losers listed.

A short build-up was seen in 61 stocks including Lupin, HDFC AMC, SBI Life Insurance Company, Bata India, and Kotak Mahindra Bank.

NSE Nifty and BSE Sensex show slight gains, with active trading and mixed performance among stocks.

BSE Sensex and Nifty 50 trade higher, Nifty Pharma rises, majority of sectoral indices in green.

All the sectoral indices ended in the green, with auto, capital goods, IT, FMCG, metal, oil & gas and power up 1-2 percent