Recently, NBCC got the order worth Rs Crore from a university of Madhya Pradesh i.r. Rani Lakshmi Bai Central Agriculture University.
NBCC’s primary focus is on providing project management consultancy (PMC) and real estate services.
The total expense for the project amounts to Rs 331.9 crore.
NBCC announced recently that it plans to carry out infrastructure development projects for the Rani Lakshmi Bai Central Agriculture University in various locations including Jhansi, Datia, Newari, and Morena/Khajuraho within the next three years.
The development project consists of building a boys’ hostel, a girls’ hostel, and academic structures that will contain classrooms and laboratories for the Jhansi campus
Plans are in place to build an auditorium, sports facility, fisheries ponds, and hostels at the Datia campus.
The Newari campus will include the construction of an office building, training hall, and external development. Additionally, the Morena/Khajuraho campus will have an academic building and undergraduate hostel built.
Is it good time to invest in NBCC
Now-a-day, NBCC (INDIA) LTD is getting many projects. Recently, they have got the renovation and furnishing work of ICAI Bhawan in Noida.
And according to the Memorandum of Understanding (MoU) signed by NBCC and ICAI, the estimated project cost is around Rs 24.98 crore.
Because, we are seeing very good growth in the business of NBCC, we can expect very good returns in future, for that reason we can add some share of NBCC in our portfolio.
But, we would like to suggest you to consult your financial advisor before investing in any stock or Mutual Funds because they may be also proved as financial risk.
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