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NBCC CMD contributes Award Money to Army Fund
It is pertinent to mention that NBCC under Dr. Mittal’s watch became a ‘Navratna’ company in record 14 months’ time. The Company demonstrated excellent performance and recorded consistent increase in order book with market cap cheered up to Rs.18000 crore as on date. What catches attention is that NBCC’s share price has swollen 14 times since listing in 2012. Company’s revenue increased 24% and profit jumped12% FY 2015-16 in comparison to the previous year. With the commitment to boost infrastructure, NBCC’s prospects are bright with a vast canvas of orders coming its way through the planned smart cities, railways, affordable housing, and redevelopment of Urban Infrastructure and maintenance. Notably, NBCC has strong global presence and recently signed MoU with Government of Mauritius for construction of new Supreme Court Building and Social Housing worth USD 50 million.
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