India, Feb. 4 -- A small cap construction company which also happens to be a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs, saw its stock surge in the markets soon after the company announced bagging orders worth Rs 271 Crores.

With a market cap of Rs 27,902 Cr, NBCC (India) Ltd saw its stock hit an intraday high of Rs 103 which is 3 percent higher than the previous close of Rs 100. The company stock has given a compounded return of 63 percent in the last three years.

NBCC (India) Limited received multiple work orders from The Institute of Cost Accountants of India (ICMAI) for construction projects across Chandigarh with a value of Rs 1.34 crore, Ranchi's with Rs 1.85 crore, Baroda's with Rs 5.9...