Oval Projects Engineering surges on bagging LoA worth Rs 13.23 crore
Oval Projects Engineering is currently trading at Rs 51.00, up by 1.00 points or 2.00% from its previous closing of Rs 50.00 on the BSE.
The scrip opened at Rs 52.00 and has touched a high and low of Rs 52.50 and Rs 51.00 respectively. So far 24000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs 10 has touched a 52-week high of Rs 86.00 on 04-Sep-2025 and a 52-week low of Rs 50.00 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs 56.50 and Rs 50.00 respectively. The current market cap of the company is Rs 105.92 crore.
The promoters holding in the company stood at 53.07%, while Institutions and Non-Institutions held 7.00% and 39.93% respectively.
Oval Projects Engineering has received a new Letter of Acceptance (LoA) worth Rs 13.23 crore from PWD (R&B), Government of Tripura. The LoA is for establishing 50 bedded Drug De-addiction centre at Santirbazar, Tripura.
Oval Projects Engineering is primarily an infrastructure services company engaged in the business of providing engineering, procurement and construction (EPC) industrial infrastructure services and operations and maintenance (O&M) services to its PAN India customers especially in the Oil & Gas sector.
