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NBCC has signed an MoU with HUDCO to develop a 10-acre institutional plot in Noida, with a project cost of Rs 600 crore. The company has achieved a standalone business value of Rs 22,300 crore in the first half of the year, marking one of its highest performances. Key projects include a Rs 15,000 crore satellite township in Srinagar and an Rs 8,400 crore Amrapali Phase 2 project in NCR, expected to boost revenue from Q4.
Investor optimism in PSU shares has surged following the BJP-led Mahayuti alliance's victory in the Maharashtra assembly elections. Sunil Subramaniam noted that the alignment between the Centre and the Maharashtra government is likely to enhance policy implementation and government spending, contributing to a nearly 3% rise in the BSE CPSE index, driven by gains in railway PSUs and banks like Central Bank and Indian Bank.
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bcc partners with hudco for noida project worth rs 600 crore
03:32 28.11.2024
Maharashtra election win boosts optimism in PSU and banking sectors
08:10 25.11.2024
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