Rs 400 Crore Order Book: Construction Company Secures Rs 16.23 Crore Infrastructure Order for Road Over Bridge Construction in Tamil Nadu
The stock is up by 65 per cent from its 52-week low of Rs 109.10 per share.
AVP Infracon Limited (NSE - AVPINFRA), a key player in India's infrastructure sector, has secured a significant contract worth approximately Rs 16.23 crore. The Letter of Acceptance (LoA), received from the Superintending Engineer, Highways NABARD & Rural Roads Circle, Salem-7, is for the construction of a Road Over Bridge (ROB) at Km 0/6 of Thaneerpandal Road in Tamil Nadu. This project will replace the existing Level Crossing No. 6 between Singanallur and Peelamedu railway stations and is slated for completion within 18 months. This new order further strengthens AVP Infracon's portfolio in transportation infrastructure, especially in Southern India.
This new ROB is expected to alleviate traffic congestion, improve commuter safety, and enhance connectivity between the crucial Singanallur and Peelamedu regions within the Coimbatore urban area. AVP Infracon has a strong track record of delivering infrastructure projects, focusing on timely completion, engineering excellence, and stringent quality control. This project aligns with the government's initiatives to modernise transportation networks and improve connectivity, solidifying AVP Infracon's role in regional development and long-term mobility solutions in Tamil Nadu.
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About AVP Infracon Limited
AVP Infracon Limited, a prominent infrastructure development company established in 2009, has been instrumental in shaping India's infrastructure landscape. With a strong focus on key areas like roads, bridges, irrigation projects, and urban development, AVP has successfully completed numerous projects across the country. The company's commitment to quality, safety, and timely delivery has earned it a reputation as a reliable and efficient partner for both government and private sector clients. AVP's in-house capabilities enable it to manage projects end-to-end, ensuring seamless execution and adherence to stringent standards.
In FY25 (Consolidated), the company's total revenue was Rs 292.81 crore, with an EBITDA of Rs 62.77 crore and a net profit of Rs 33.10 crore. The company has a market cap of over Rs 400 crore and maintains a substantial order book valued at over Rs 400 crore. The stock’s 52-week high is Rs 264.30 per share and its 52-week low is Rs 109.10 per share. The stock is up by 65 per cent from its 52-week low of Rs 109.10 per share.
Disclaimer: The article is for informational purposes only and not investment advice.