Multibagger NBCC share price rises 4.5% as it collaborates with MTNL for ₹1600 crore project | Stock Market News

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.



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