NBCC Bags ₹134 Crore Odisha Education Projects; Shares Dip

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CNBC TV18•05-01-2026, 19:38
NBCC Bags ₹134 Crore Odisha Education Projects; Shares Dip
- •State-owned NBCC (India) Ltd. secured new contracts worth ₹134.05 crore on January 5 for education infrastructure in Odisha.
- •A ₹45.87 crore order from Maharaja Sriram Chandra Bhanja Deo University involves construction and renovation under the PM-USHA scheme.
- •Another ₹88.18 crore contract is from Odisha School Programme Authority for civil works under the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme.
- •These domestic contracts are for project management consultancy services and are part of NBCC's regular business operations.
- •NBCC shares fell 2.46% to ₹119.65 on NSE on January 5, despite recent contract wins including ₹220.31 crore in December.
Why It Matters: NBCC secured ₹134 crore in Odisha education projects, adding to recent wins, but its shares dipped.
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