Globe Civil Projects gains on receiving LoA worth Rs 193.13 crore
Globe Civil Projects is currently trading at Rs. 89.80, up by 1.83 points or 2.08% from its previous closing of Rs. 87.97 on the BSE.
The scrip opened at Rs. 90.31 and has touched a high and low of Rs. 91.94 and Rs. 89.00 respectively. So far 141319 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 01-Jul-2025 and a 52 week low of Rs. 73.56 on 08-Jul-2025.
Last one week high and low of the scrip stood at Rs. 91.94 and Rs. 76.50 respectively. The current market cap of the company is Rs. 548.22 crore.
Globe Civil Projects has received Letter of Award (LoA) worth Rs 193.13 crore for construction of the infrastructure facilities works/buildings including Academic building, residential buildings, campus development etc. in campus of Central University of Punjab at village of Ghudda in the district of Bathinda, Punjab on EPC Basis. The project is to be completed within 21 months.
The scope of work includes construction of 400-seater Girls Hostel, construction of 600 Boys Hostel, construction of One Academic Block, construction of 100-seater international students’ hostel, construction of Vice Chancellors (VC) residence and external development works.
Globe Civil Projects and its Associates and Joint Operations are primarily engaged in the Civil Construction business is carrying on business of Civil Construction for Government Departments, Local Authorities and other parties.
