New Delhi, March 27 -- PSU company NBCC share price jumped over 3.32 per cent on Thursday, March 27, after the company announced that it has signed an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to jointly work on infrastructure projects worth Rs.25,000 crore in Maharashtra.

At 10 am, the NBCC stock was trading at Rs.84.50 apiece on National Stock Exchange (NSE). It is interesting to note that the PSU stock has gained nearly 10 per cent in a month despite volatile market.

In a statement on Wednesday, NBCC announced that it has entered into a strategic Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT).

The partnership aims to collabor...