NBCC gains on inking MoU with MTNL for Rs 1,600 cr project

NBCC (India) advanced 2.53% to Rs 180.20 after the company announced that it has signed a memorandum of understanding (MoU) worth Rs 1,600 crore with Mahanagar Telephone Nigam (MTNL) to develop a 13.88-acre land parcel in New Delhi.