News Image
CNBCTV18

NBCC bags ₹350 crore project management order from Heavy Vehicles Factory

Published on 07/11/2025 02:25 PM

NBCC bags ₹350 crore project management order from Heavy Vehicles FactoryNBCC (India) Ltd has received a ₹350.31 crore order for project management consultancy work at Heavy Vehicles Factory and AVNL Estate, adding to its strong pipeline of government infrastructure projects.By Sheersh Kapoor   November 7, 2025, 2:25:47 PM IST (Published)1 Min ReadState-owned NBCC (India) Ltd on Friday announced that it has been awarded a ₹350.31 crore work order from the Heavy Vehicles Factory (HVF) for project management consultancy (PMC) services to carry out major capital civil works at HVF and AVNL Estate.

According to the company’s regulatory filing, the order has been received in the normal course of business and involves domestic project management work, excluding GST.

As of 2:10 PM, shares of NBCC (India) Ltd were trading 1.7% higher at ₹113.35 on the NSE.

This latest order adds to NBCC’s growing portfolio of infrastructure assignments. In September, the company signed an MoU with Rajasthan State Industrial Development and Investment Corporation (RIICO) for infrastructure projects worth around ₹3,700 crore near Jaipur International Airport.

Also Read: BHEL wins EPC order worth ₹6,650 crore from NTPC for thermal power project in Odisha

It also entered into a separate agreement with HUDCO for executing four construction projects across the country.

NBCC had reported a 26% year-on-year rise in consolidated profit to ₹132 crore in the June quarter, supported by healthy revenue growth and operational efficiency.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsNBCCNBCC Indiaorder winshare market today