Dhruv Consultancy Services soars on getting LoA for consultancy services
Dhruv Consultancy Services is currently trading at Rs. 49.00, up by 1.10 points or 2.30% from its previous closing of Rs. 47.90 on the BSE.
The scrip opened at Rs. 48.40 and has touched a high and low of Rs. 49.00 and Rs. 48.40 respectively. So far 112 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. 27.20 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 51.55 and Rs. 47.45 respectively. The current market cap of the company is Rs. 70.05 crore.
The promoters holding in the company stood at 67.66%, while Institutions and Non-Institutions held 0.06% and 32.29% respectively.
Dhruv Consultancy Services has received the Letter of Acceptance (LOA) for the work of ‘Consultancy Services for Authority Engineer for Supervision of Upgradation / Reconstruction to Two Lane with Paved Shoulders/ Four Lane Configuration (Package No. Nashik IV) - Nhavra - Inamgaon - Kashti - Shrigonda - Jalgaon - Jamkhed of SH-55 (now New NH-548D) in the State of Maharashtra. Section - 2: Adhalgaon to Jamkhed from Km 132.600 to Km. 195.375, Length 62.755 Km’ from the Office of the Chief Engineer Government of India, Ministry of Road Transport & Highways (Regional Office, Maharashtra and Goa) (the Authority).
Consultancy services fees for the said project will be Rs 5.67 crore excluding taxes. The contract period will be of 78 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.