Shares of NBCC (India) Ltd, a Navratna public sector undertaking, are poised to capture investor attention on Wednesday, 17 December 2025. This follows the company's announcement of securing two significant contracts with a combined value of ₹345 crore, as disclosed in a filing to the Bombay Stock Exchange (BSE) after market hours on Tuesday, 16 December 2025.
Breaking Down the ₹345 Crore Order Book Update
The larger of the two contracts is a substantial project management and consultancy assignment from the Indian Institute of Technology (IIT) Mandi in Himachal Pradesh. Valued at ₹332.99 crore, this order entails the comprehensive planning, design, and development of crucial campus infrastructure. The scope includes the construction of Academic Blocks, student housing facilities, an activity centre, and other associated works.
The second order, worth ₹12.05 crore, comes from the Kandla Special Economic Zone (SEZ) located in Kutch, Gujarat. This is an annual maintenance contract for a one-year period, spanning from 1 January 2026 to 31 December 2026. NBCC's responsibilities under this agreement are extensive, covering day-to-day maintenance by providing both manpower and materials. The maintenance work encompasses:
- Housekeeping and horticulture services
- Electrical, plumbing, carpentry, and civil works
- Maintenance of dish antennas, air conditioning systems, and CCTV cameras
- Mosquito management and networking system upkeep
It is important to note that the BSE filing did not specify a definitive timeline for the completion of the IIT Mandi project.
NBCC Share Price Performance and Market Reaction
The order win news comes on the heels of a minor dip in the company's stock price during Tuesday's trading session. NBCC India shares closed at ₹111.80, marking a decline of 3.04% from the previous close of ₹115.30. The announcement was made after the market closed, setting the stage for potential volatility in the coming session.
Despite recent fluctuations, the NBCC share price has been a stellar multibagger for long-term investors. Over the past five years, the stock has delivered staggering returns exceeding 448%. In the last one-year period, it has provided over 10% returns. For the calendar year 2025, this Navratna PSU stock has appreciated by 19.69% on a year-to-date (YTD) basis, although it has seen a correction of 4.77% in the past month.
Key Stock Metrics and Market Capitalisation
The stock's recent performance shows a gain of 2.80% over the last five trading sessions. According to BSE data, NBCC shares reached their 52-week high of ₹130.60 on 9 June 2025, while the 52-week low was ₹70.82 on 3 March 2025. Following Tuesday's close, the company commanded a robust market capitalisation (M-Cap) of ₹30,186 crore.
These new orders from prestigious institutions like IIT Mandi and Kandla SEZ are expected to bolster NBCC's order book significantly. They reinforce the company's core competencies in project management consultancy and maintenance services, potentially providing revenue visibility for the coming years. Market analysts will be closely watching investor sentiment and trading patterns around this Navratna PSU stock following this positive development.
