What to watch. Orders continue to pile on NBCC

State-owned construction firm NBCC on Wednesday said it bagged ₹3,200 crore project from the Union Finance Ministry to develop a residential-cum-office complex in Mumbai. In a notice to the exchanges, NBCC said it has got letter of intent from the Department of Customs and Excise for “planning, designing and construction of office complex and residential quarters at Wadala, Mumbai on self-revenue generation model". Currently, NBCC has an order book of ₹75,000 crore.