Oval Projects Engineering touches roof on bagging LoA worth Rs 21.04 crore
Oval Projects Engineering is currently trading at upper limit of Rs. 70.87, up by 3.37 points or 4.99% from its previous closing of Rs. 67.50 on the BSE.
The scrip opened at Rs. 70.00 and has touched a high and low of Rs. 70.87 and Rs. 70.00 respectively. So far 76800 shares were traded on the counter.
The BSE group 'MT' 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. 65.83 on 11-Sep-2025.
Last one week high and low of the scrip stood at Rs. 76.76 and Rs. 65.83 respectively. The current market cap of the company is Rs. 147.19 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 award (LoA) worth Rs 21.04 crore from Tripura Urban Planning and Development Authority (TUDA) for the construction of vegetable & fish market in Vidhyasagar Market Belonia, South Tripura District, Tripura under special assistance for capital investment during the financial Year 2023-24 (Urbon Reform part-III). The order is to be executed within 730 days (shall be reckoned from the 15 days after the date of issue of the work order/letter for commencement of work).
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.
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