Garuda Construction gains on bagging work order worth Rs 1,416 crore
Garuda Construction & Engineering is currently trading at Rs. 231.35, up by 6.35 points or 2.82% from its previous closing of Rs. 225.00 on the BSE.
The scrip opened at Rs. 237.25 and has touched a high and low of Rs. 241.10 and Rs. 227.40 respectively. So far 16654 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 241.10 on 06-Nov-2025 and a 52 week low of Rs. 76.02 on 22-Nov-2024.
Last one week high and low of the scrip stood at Rs. 241.10 and Rs. 196.10 respectively. The current market cap of the company is Rs. 2093.44 crore.
The promoters holding in the company stood at 67.56%, while Institutions and Non-Institutions held 4.21% and 28.23% respectively.
Garuda Construction & Engineering has secured a work order worth around Rs 1,416 crore (inclusive of GST and all other applicable taxes) from Sumer Corporation. The order is for development and construction of a high-end residential complex named ‘Powai Heights’ at Chandivali, Mumbai. The order is to be executed within 60 months.
Garuda Construction & Engineering is civil construction and engineering company based in Mumbai. It provides end to end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects.
