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NBCC (India) has secured new works from Raipur SMART City Limited (RSCL) for various infra projects. The total cost of these projects is ₹700 crore (approx). NBCC signed an MoU with RSCL in February for the various infrastructure works as their executing agency wherein NBCC will charge project management consultancy (PMC) fees of 8 per cent on the actual cost of work. The stock has gained 3.3 per cent with good volume to close at ₹58.9 in BSE. It rose 2.9 per cent to close at ₹58.7 in NSE.
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