Hindustan Steelworks Construction Limited (HSCL), a subsidiary of NBCC (India) Limited, has bagged a work order worth around ₹65 crore from the Bank of Baroda.
What Happened: The order is for development works at the bank’s commercial plot at Financial City, Bengaluru Hardware Park, Bengaluru. This latest work order follows a series of successful contract acquisitions by NBCC and its subsidiaries.
See Also: Reliance Shares Plunge 4% To Hit 9-Month Low, YTD Return Turns Negative
Last week, NBCC announced the acquisition of work orders worth approximately ₹235.46 crore. The state-owned construction company won three contracts: a ₹44 crore project for a hall at Mahatma Gandhi Kashi Vidyapith, a ₹5 crore renovation at Sampurnanand Sanskrit University, both in Varanasi, and a ₹186.46 crore renovation of Power Grid's corporate office in Gurugram.
In October 2024, NBCC secured work orders worth around ₹1,322.48 crore for hospital construction through its subsidiary HSCC (India) Limited. Later in the same month, NBCC bagged redevelopment projects in Goa valued at approximately ₹1,726 crore.
Read Next: Tata Group JV Reports 70% Jump In Q2 Profit To ₹24 Cr, Shares Rocket 9%
Engineered by Benzinga Neuro, Edited by Utkarsh Roshan
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.