Dhruv Consultancy Services rises on getting LOA worth Rs 3.80 crore
Dhruv Consultancy Services is currently trading at Rs. 51.35, up by 0.57 points or 1.12% from its previous closing of Rs. 50.78 on the BSE.
The scrip opened at Rs. 50.23 and has touched a high and low of Rs. 51.35 and Rs. 50.22 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.50 on 01-Sep-2022 and a 52 week low of Rs. 43.26 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 53.09 and Rs. 49.85 respectively. The current market cap of the company is Rs. 78.03 crore.
The promoters holding in the company stood at 62.62%, while Institutions and Non-Institutions held 0.05% and 37.33% respectively.
Dhruv Consultancy Services along with Maps Global Civiltech, has received the Letter of Award (LOA) for providing Consultancy Services for feasibility study cum DPR, Survey and preparation of Land Plan for Widening of two lane with paved shoulders to various roads in the state of Maharashtra (under EPC Mode), from Public Works Department (the Authority) dated August 21, 2023, as received on August 23, 2023 directly by the company i.e. Dhruv Consultancy Services.
The contract price for the said Project will be Rs 3.80 crore. The contract period will be of 12 months. The company is required to furnish the Performance Bank Guarantee within 7 days from the issuance of LOA and to complete the contract agreement execution as per RFP document.
Dhruv Consultancy Services is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports.