NBCC, RailTel Secure New Orders: Shares in Focus Amidst Market Fluctuations

• NBCC (India) Ltd received a ₹55.02 crore work order from Indian Overseas Bank (IOB) for a new regional office in Raipur, acting as Project Management Consultancy (PMC).
• NBCC's subsidiary HSCC (India) Ltd signed an MoU with Bharat Electronics Ltd (BEL).
• RailTel Corporation of India Ltd secured a Letter of Acceptance (LoA) from Central Railway for an IP-MPLS network project across Mumbai, Pune, Solapur, Bhusawal, and Nagpur divisions.
• The RailTel project, aimed at unified communication in Indian Railways, is to be completed by January 13, 2027.
• RailTel also reported the cancellation of work orders worth ₹609.56 crore, including a ₹262.14 crore smart classroom project from Bihar Education Project Council due to technical reasons.

Why It Matters: NBCC and RailTel secured significant new projects, but RailTel also faced major order cancellations.