700% rise in 5 years! NBCC share price rebounds from day's low after ₹658 crore order update

NBCC share price witnessed some profit booking in the morning trade on BSE on Tuesday, March 25, declining nearly 4 per cent. The PSU stock, however, pared losses after the company announced it had received a work order of ₹658.43 crore. NBCC (India) share price opened at ₹85.99 against its previous close of ₹85.35 and dropped almost 4 per cent to ₹82.04. Around 12:30 PM, the stock traded 2.81 per cent down at ₹82.95.

NBCC (India) order update

Through an exchange filing during the market hours on Tuesday, March 25, the PSU firm informed that it had received an order from Uttarakhand Investment and Infrastructure Development Board (UIIDB) worth ₹438.98 crore and Centre for Development of Telematics of ₹219.45 crore. The cumulative value of these two orders is ₹658.43 crore approximately.

The project from UIIDB includes the revitalisation of the Rodi Belwala area, Har ki Pauri and Subhash Ghar. It also includes the development of Sati Kund and its surrounding areas and the redevelopment of parking and commercial areas on the upper road opposite the railway station and the existing bus stand of Haridwar.

On the other hand, the Centre for Development of Telematics has awarded project management consultancy (PMC) services for the planning, supervision, construction and development of various buildings at C-DOT Campus, Mehrauli, New Delhi.

NBCC share price trend

NBCC stock has delivered a strong rally over the long term. In the past five years, it has surged nearly 700%, rising from ₹10.70 on March 24, 2020, to ₹85.35 on March 24, 2025. This remarkable growth has multiplied investors' wealth nearly eightfold.

However, over the last year, the stock has gained just 11 per cent, hitting a 52-week high of ₹139.90 on August 28 last year and a 52-week low of ₹70.82 on March 3 this year.

On a monthly scale, the stock lost 27 per cent last month. This month, it has gained about 14 per cent.

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.