NBCC (India) Limited has signed a strategic Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to jointly undertake consultancy, EPC, fee-based, and redevelopment projects across Maharashtra.

As of 1:30 PM on March 27, NBCC’s share price was trading at ₹82.73, up by 2.05%.

This marks NBCC’s first foray into redevelopment in Maharashtra, following its successful execution of similar projects in Delhi. Under this partnership, the two entities will collaborate on key infrastructure initiatives, including cluster development projects in Thane Municipal Corporation, data centers, renewable energy ventures, slum rehabilitation projects in the Mumbai Metropolitan Region (MMR), and residential developments under the Pradhan Mantri Awas Yojana (PMAY).

With an estimated project value of ₹25,000 crore, the initiatives will be executed in phases over the next three to five years, contributing to sustainable urban development and affordable housing. The MoU aims to leverage the expertise of both organizations to enhance long-term client acquisition and service delivery capabilities.

NBCC continues to expand its role in urban transformation, aligning with the Government of India’s vision for infrastructure development and sustainable growth.

Let’s take a look at its Factor Analysis scores:

Factor Analysis of NBCC (India) Limited

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