01-01-1970 12:00 AM | Source: Accord Fintech
Dhruv Consultancy Services rises on getting LoA for Project Management Consultancy Services in Andhra Pradesh
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Dhruv Consultancy Services is currently trading at Rs. 47.75, up by 0.55 points or 1.17% from its previous closing of Rs. 47.20 on the BSE.

The scrip opened at Rs. 46.95 and has touched a high and low of Rs. 48.30 and Rs. 46.95 respectively. So far 43 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.65 on 26-Nov-2021 and a 52 week low of Rs. 23.00 on 28-Jul-2021.

Last one week high and low of the scrip stood at Rs. 50.80 and Rs. 46.75 respectively. The current market cap of the company is Rs. 69.05 crore.

The promoters holding in the company stood at 67.35%, while Institutions and Non-Institutions held 0.06% and 32.60% respectively.

Dhruv Consultancy Services has received the Letter of Acceptance (LOA) for the Project Management Consultancy Services for upgradation to 2/4/6 paved shoulders Project on newly declared NH216H Section up to NH 30 near Laxmipuram, in the state of Andhra Pradesh for a length of around 120.85 Kms, from the office of Regional Officer, Ministry of Road of Transport & Highways, Vijayawada (the Authority) dated June 15, 2022 as received on June 16, 2022 directly by the Company along with joint bidding agreement- Geo Designs & Research & in association with Kaius Consulting. Consultancy Services fees for the said project will be Rs 18.29 crore excluding taxes. The contract period will be of 102 months.

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.