What to watch. NBCC (India) gets order boost

Shares of NBCC India will remain in focus, following the Mauritius Government doubling an earlier order it had given to the PSU construction major. NBCC had signed an agreement in March with the Republic of Mauritius for construction of social housing units valued at $22 mn (about ₹150 crore). Now, the Mauritius Government has raised the number of housing units and revised the project cost to $45 mn (about ₹300 crore). Investors will closely monitor the execution of the project.