DSIJ Mindshare

The total contract value is Rs 3,002.99 crores, inclusive of GST, and is segmented into a capital expenditure (Capex) of Rs 1,549.66 crores, operational expenditure (Opex) for the newly constructed network of Rs 929.79 crores, and Opex for the existing network of Rs 523.53 crore.

The stock is up by 31.5 per cent from its 52-week low of Rs 81.22 per share and gave multibagger returns of 510 per cent in 5 years.

The stock is up over 70 per cent from its 52-week low of Rs 27.48 per share.

Similar to the Bihar contract, the project structure involves a 3-year construction period followed by a 10-year maintenance phase with escalating fees.

The promoters of the company own a 51.50 per cent stake and the rest 48.50 per cent stake is owned by public shareholders with 645 shareholders as of June 2024.