04-10-2024 02:03 PM | Source: Accord Fintech
Dhruv Consultancy Services touches the roof on getting LoA for project in Maharashtra

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Dhruv Consultancy Services is currently trading at its upper limit of Rs. 124.15, up by 2.40 points or 1.97% from its previous closing of Rs. 121.75 on the BSE.

The scrip opened at Rs. 124.15 and has touched a high and low of Rs. 124.15 and Rs. 124.15 respectively. 

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.10 on 27-Aug-2024 and a 52 week low of Rs. 55.75 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 124.15 and Rs. 121.70 respectively. The current market cap of the company is Rs. 235.47 crore.

The promoters holding in the company stood at 59.10%, while Institutions and Non-Institutions held 1.04% and 39.86% respectively.

Dhruv Consultancy Services in association with Maps Global Civiltech has received the Letter of Acceptance (LoA) towards the Consultancy Services especially for Authority Engineer for Supervision of Hybrid Annuity Scheme -Il in the State of Maharashtra on EPC basis under the consultancy package AE (Group 13) from the office of Chief Engineer, Maharashtra State Infrastructure Dev. Corp. (A Govt of Maharashtra Undertaking) (the Authority) dated October 1, 2024, as received by the Company on October 3, 2024. 

The contract/Bid Price being H1 for the said Project will be Rs 23.46 crore inclusive of GST. The contract period will be of 90 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.