NBCC Surges 15% After Cabinet Approves Redevelopment Projects

Shares of state-run construction company National Buildings Construction Corporation Limited (NBCC) jumped as much as 14.32 per cent to hit intraday high of Rs 222.70 after the Union Cabinet approved redevelopment of housing colonies in Delhi. The Union Cabinet on Tuesday approved the redevelopment of three government residential colonies in New Delhi - Sarojini Nagar, Netaji Nagar and Nauroji Nagar - through NBCC.  Central Public ...