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State-owned construction firm NBCC has bagged a ₹2,000-crore order from the Centre for construction of Mahatma Gandhi Convention Centres (MGCC) in nine African countries — Niger, Uganda, Malawi, Zambia, Liberia, Gambia, Burkina Faso, Togo and Gabon.
“NBCC has received letter of appointment from the Ministry of External Affairs for the construction of Mahatma Gandhi Convention Centres in nine African countries... amounting ₹2,000 crore,” the company said in a BSE filing.
Shares of NBCC rose 3.7 per cent to hit a high of ₹108.50 in the morning trade. At about 11.50 am, the stock was up 1.77 per cent or ₹1.85 at ₹106.45 on the BSE.
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