State-owned NBCC and Housing and Urban Development Corporation Limited (HUDCO) have entered into a Memorandum of Understandings to collaborate on consultancy services and asset monetisation. NBCC focuses on Project Management Consultancy and real estate, while HUDCO provides financial assistance for housing and urban infrastructure projects.
MMTC plunged hit a 10 per cent lower circuit limit at Rs 63.55, as Rs 346 crore worth 5,36,19,748 shares changed hands. NMDC Steel dived 13.14 per cent to Rs 43.30, with the stock seeing 4,14,49,725 shares changing hands.