NBCC's stock soars 18% to a record high as the corporation takes bonus shares into consideration.

NBCC's stock soared 292.47% in a single year and gained 144% in 2024. The company's shares changed hands for a total of 182.60 lakh.

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Technically speaking, the NBCC stock's relative strength index (RSI) is 50.1, indicating that it is not trading in the overbought nor oversold areas.

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For the second time, the corporation will announce a bonus issue of shares. NBCC announced a bonus issue of shares in 2017 with a 1:2 ratio.

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A work order of Rs 528.21 crore was awarded to HSCC (India), a wholly owned subsidiary of NBCC (India), on August 14.

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The organization functions via three divisions: Real Estate Development, Engineering Procurement and Construction (EPC), and Project Management Consultancy (PMC).

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The infra firm announced that it had obtained a fresh construction order on August 12. The order, which is for the construction of a new structure, is valued at around Rs. 719.97 crore.

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