Top 10 stocks that rallied today on PM Narendra Modi's Smart City push

NEW DELHI: Stocks such as NBCC, Smartlink Network, Dredging Corp rose up to 14 per cent in trade on Thursday as Prime Minister Narendra Modi launched implementation guidelines for 100 Smart Cities, 500 AMRUT cities and Pradhan Mantri Awas Yojana on June 25.

Uttar Pradesh will get to nominate the highest number of cities to be developed as 'Smart Cities', followed by Tamil Nadu and Maharashtra, PTI reported on Wednesday.

Under AMRUT scheme, 37, 31 and 21 cities have been identified in Maharashtra, Gujarat and Karnataka, respectively. Delhi has got one city each for Smart City and AMRUT.

According to the criteria finalised by the government, West Bengal and Rajasthan get to nominate four cities for the smart city project; Bihar, Andhra Pradesh and Punjab three cities; Odisha, Haryana, Telangana and Chhattisgarh two cities; and Jammu and Kashmir, Kerala, Jharkhand, Assam, Himachal, Goa, Arunachal and Chandigarh one city each.