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Stock jumps after receiving order worth ₹128 Cr for water management and civil works in Kolkata

Prominent infrastructure company has secured a ₹128 crore turnkey contract for Water Management and Civil Works in Kolkata, reinforcing its leadership in urban infrastructure development and expertise in executing large-scale EPC projects efficiently.
Stock surges as company secures ₹128 Cr water management and civil works order in Kolkata, boosting growth prospects.
Stock surges as company secures ₹128 Cr water management and civil works order in Kolkata, boosting growth prospects.

Introduction:

Leading infrastructure company has secured a turnkey contract for Water Management and Civil Works across multiple projects in Kolkata. Valued at ₹128 crore, the project underscores its expertise in executing large-scale EPC projects, strengthening its position in urban infrastructure development.

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Also Read: Green energy stock hits 5% upper circuit after receiving order worth ₹72 Cr from NTPC

Share price movement of Ganesh Infraworld:

On February 21, 2025, Ganesh Infraworld Limited opened at ₹146.70, up 0.21% from its previous close of ₹144.80. The stock reached a high of ₹148.00 (0.83%) and a low of ₹142.00. By 12:07 PM, it traded at ₹144.50, with a market cap of ₹617.32 crore.

Ganesh Infraworld Wins ₹1,298 Crore Contract:

Ganesh Infraworld Limited has been awarded a ₹128 crore turnkey contract for Water Management and Civil Works across multiple projects in Kolkata. This Engineering, Procurement, and Construction (EPC) contract will enhance the city’s infrastructure over 24 months.

The project involves comprehensive water infrastructure development along with civil and electrical works, reinforcing the company’s expertise in large-scale urban projects. This contract highlights Ganesh Infraworld’s growing presence in the infrastructure sector and strengthens its portfolio of urban development initiatives.

With this achievement, Ganesh Infraworld continues its commitment to excellence in EPC execution. The company will keep stakeholders informed about key developments in the project as it progresses, further solidifying its reputation in the infrastructure domain.

Stock performance of Ganesh Infraworld for Period of 1 week and 1 month:

Ganesh Infraworld Limited’s stock delivered a 6.00% return over the past week, reflecting strong short-term momentum. However, its one-month return stands at -4.55%, indicating recent volatility despite its long-term growth potential in the infrastructure sector.

Also Read: IT stock under ₹25 jumps after it acquires 1.94% stake in Spice Money

Shareholding pattern of Ganesh Infraworld:

ParticularsDec 2024
Promoter59.10%
FII0.90%
DII8.60%
Public31.40%
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About Ganesh Infraworld:

Ganesh Infraworld Ltd (NSE: GANESHIN) is a construction company specializing in engineering, procurement, and construction (EPC) services across various infrastructure sectors. Incorporated in 2017, it provides comprehensive solutions for large-scale urban and industrial development projects.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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