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01-01-1970 12:00 AM | Source: Accord Fintech
Dhruv Consultancy Services soars on getting LOA for Consultancy Services Project in Mizoram
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Dhruv Consultancy Services is currently trading at Rs. 50.75, up by 2.65 points or 5.51% from its previous closing of Rs. 48.10 on the BSE.

The scrip opened at Rs. 48.50 and has touched a high and low of Rs. 50.75 and Rs. 48.45 respectively. So far 352 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. 55.00 and Rs. 47.25 respectively. The current market cap of the company is Rs. 68.76 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 Award (LOA) for Consultancy Services Project as Authority's Engineer for Supervision of ‘Four laning of Vairengte - N Kawnpui Section of NH 306 & NH 6 in the State of Mizoram under Bharatmala Pariyojna on EPC Mode from the office of General Manager (Tech), National Highways & Infrastructure Development Corporation, New Delhi dated June 13, 2022 as received on June 13, 2022 directly by the Company i.e. Dhruv Consultancy Services & Joint Venture with Global Infra Solutions & in association with M S Consultant.

Contract Price towards the Consultancy Services as Authority's Engineer for supervisions Services for the said project will be Rs 11.20 crore excluding taxes. The contract period will be 84 months. The Company need to submit the Performance Bank Guarantee/Security within 15 days from the receipt of the LOA, post which all the statutory formalities covering signing of agreement as per RFP shall take place. 

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.