NBCC (India), a key player in the construction industry, witnessed its shares jump up to 7% to reach an intraday high of Rs 188.80 per share.
The NBCC share price increased when the state-owned firm reported that its arm, HSCC (India) Limited, had received an order for Rs 411.45 crore.
HSCC (India) is a fully owned subsidiary of NBCC (India). The firm received the order from Medical Education & Ayush, Government of Maharashtra.
HSCC (India) would be responsible for the construction of a new government medical college with a capacity of 100 students and a 430-bed hospital in Buldhana, according to an NBCC statement.
As of 2:09 pm, NBCC shares were trading 7.04 % higher at Rs 186.80.
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