Shares of Navratna company NBCC (India) Limited have seen a stormy rise on Monday. Shares of NBCC have jumped more than 7 percent on Monday to reach Rs 188.80. This rise in the shares of the government company has come due to receiving a big order. NBCC (India) Limited has announced that its unit HSCC (India) Limited has received an order of Rs 411.45 crore. HSCC (India) is a wholly owned unit of NBCC.

Order received to build government medical college and hospital.
NBCC's unit HSCC (India) Limited has received this order from the Medical Education and AYUSH Department of the Maharashtra Government. NBCC has said in a statement that under this order, HSCC (India) Limited will build a new government medical college with a capacity of 100 students and a 430-bed hospital in Buldhana. This project is a part of the government's efforts to strengthen healthcare infrastructure and medical education in the region.

Shares rise over 300% in one year.
NBCC shares have risen over 300 percent in the last one year. The company's shares have risen 307% in one year. The shares of the Navratna company were at Rs 46.25 on 31 July 2023. NBCC shares have reached Rs 188.80 on 29 July 2024. NBCC shares have risen over 130 percent so far this year. At the beginning of this year, on January 1, 2024, the company's shares were at Rs 81.79, which have crossed Rs 188 on 29 July 2024. In the last 6 months, the company's shares have seen a rise of about 50 percent.

NBCC (India) Limited has received orders worth more than Rs 1500 crore in June alone.
This has been said in a report by CNBC-TV18. The company received a work order of Rs 100 crore from REC Limited last month. The company received an order of Rs 70 crore from Grid Controller of India Limited.