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20-10-2023 10:31 AM | Source: Accord Fintech
Dhruv Consultancy Services shines on getting LoA worth Rs 1.35 crore

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Dhruv Consultancy Services is currently trading at Rs. 64.74, up by 3.69 points or 6.04% from its previous closing of Rs. 61.05 on the BSE.

The scrip opened at Rs. 62.70 and has touched a high and low of Rs. 65.65 and Rs. 62.30 respectively. So far 9307 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.90 on 17-Jan-2023 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. 65.65 and Rs. 58.60 respectively. The current market cap of the company is Rs. 98.01 crore.

The promoters holding in the company stood at 61.37%, while Institutions and Non-Institutions held 0.05% and 38.58% respectively.

Dhruv Consultancy Services in association with M/S Designilla has received the Letter of Acceptance (LoA) for providing Consultancy Services for Authority’s Engineer for  supervision of construction of one Flyover at Km 2+735 and one Major Bridge at Km 31+260 on NH-730 in the State of Uttar Pradesh under EPC mode from the office of Chief engineer (National Highway) - UPPWD, Lucknow (the Authority) dated October 17, 2023, as received directly by the company i.e. Dhruv Consultancy Services on October 18, 2023.

The contract price for the said Project will be Rs 1.35 crore including GST. The contract period will be of 24 months. The Company is required to furnish the Performance Bank Guarantee within 15 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.