Talking about the financials, the company has a market cap of Rs 84 crore with a 1-year stock price CAGR of 80 per cent.

This achievement represents a significant milestone for the company, reaffirming their unwavering commitment to delivering high-quality construction services while contributing to the growth and advancement of the construction sector in the region.

The contract is scheduled for execution over a period of three years.

The company’s current order book stands at Rs 30,125 crore, a growth of 27 per cent YoY. Out of the total order book, 71 per cent are domestic orders and 29 per cent are international. Furthermore, the company’s order book including the L1 orders is over Rs 35,000 crore.

Recently, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

The company’s repayment of debt in order to move ahead on its plans to become a debt-free entity in the ongoing financial year. As a part of its defined debt-reduction program, it has further repaid bank debts by Rs 7.30 crore, taking the total amount of bank debt reduced to Rs 71.8 crore and the overall bank-debt reduction to Rs 98.2 crore approx. from the peak level of about Rs 170 crore, till date.

Recently, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

Additionally, it has consistently maintained a robust dividend payout ratio of 22 per cent, indicating a healthy distribution of profits to its shareholders.

Today, the shares of the company also saw a spurt in volume by more than 2.43 times on BSE.

Shares were trading up by more than 5 per cent today after company announced about this development