Multibagger NBCC share price rises 4.5% as it collaborates with MTNL for ₹1600 crore project | Stock Market News
Source: Live Mint
Stock MArket Today: Multibagger NBCC (India) Ltd share price gained 4.5% in morning trades on Thursday. The gains for NBCC share price were led by its announcement regarding a collaboration with Mahanager Telephone Nigam Limited (MTNL) for ₹1600 Crore project.
Memorandum of Understanding (MoU) has been signed between NBCC (India) Limited and Mahanager Telephone Nigam Limited (MTNL) on September 11, 2024 to collaborate to develop a prominent land parcel of MTNL measuring approximately 13.88 acres located on Pankha Road, new delhi. The project is valued at Rs. 1,600 crores approximately.
(National Buildings Construction Corporation Ltd.