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MoneyWorks4Me

NBCC sells office at New Delhi to Balmer Lawrie

28 Jun 2018 Evaluate

NBCC (India) has sold office space measuring 27,769 sq ft at NBCC Centre in New Delhi to Balmer Lawrie & Company for a total value of Rs 83.31 crore. The Profit margin available to NBCC against the said deal will be around Rs 55 crore.

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.

Peers
Company Name CMP
NBCC (India) 79.15
Rites 195.65
Mold-Tek Tech 98.27
Dhruv ConsultancySer 19.69
Telge Projects 210.00
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