Aluminum Product Manufacturer Micro-Cap Company Secures Rs 43 Crore Façade Order from Vascon Engineers for Capgemini Project
In the last 6 months, it is up by over 17 per cent,t while in 12 months, it has gained 14.65 per cent.
Aluwind Infra-Tech Limited (formerly Aluwind Architectural Limited) has announced a significant development with the receipt of a Letter of Intent (LOI) from Vascon Engineers Limited for a major façade project. The order, valued at Rs 43,03,17,740 (excluding GST), marks the highest-value façade contract the company has ever secured. This milestone reinforces the company’s position in the domestic infrastructure and construction services segment, particularly in façade design and implementation.
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The awarded contract pertains to the design, supply, fabrication, and erection of façade work for the Capgemini Spigot Project located in Siruseri, Chennai. Aluwind Infra-Tech plans to initiate the project immediately and aims to complete it within 18 months from the issuance date of the LOI. The project reflects the increasing demand for specialised architectural infrastructure and could potentially boost Aluwind’s future order book and revenue trajectory, often a positive signal watched by small-cap investors.
Incorporated in April 2003, Aluwind Architectural Limited manufactures and installs a diverse range of aluminum products. Aluwind Infra-Tech Limited offers a diverse product portfolio that includes windows, doors, curtain walls, cladding, and glazing systems. The company has established a strong geographical presence across India, with its products sold in major cities such as Mumbai, Pune, Bangalore, and Hyderabad. Supporting its operations is a manufacturing facility located in Pune, Maharashtra, which spans 45,000 square feet and enables the company to meet growing demand and deliver customised façade solutions.
The stock is currently trading at Rs 62 and it jumped over 7 per cent on Friday. In the last 6 months, it is up by over 17 per cent,t while in 12 months, it has gained 14.65 per cent.
Aluwind Infra-Tech Limited, headquartered at Palm Spring Centre, Malad (West), Mumbai, is primarily engaged in façade works that include design, supply, fabrication, and erection. While the company does not currently have announcements related to IPO, bonus, dividend, or right issue, such high-value contracts often spark interest among Mid-Cap and infrastructure-focused investors.
Disclaimer: The article is for informational purposes only and not investment advice.