23-09-2024 10:07 AM | Source: Accord Fintech
VVIP Infratech zooms on bagging order worth Rs 32.49 crore
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VVIP Infratech is currently trading at Rs. 257.35, up by 29.85 points or 13.12% from its previous closing of Rs. 227.50 on the BSE.

The scrip opened at Rs. 255.70 and has touched a high and low of Rs. 265.00 and Rs. 252.20 respectively. So far 208800 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 314.40 on 21-Aug-2024 and a 52 week low of Rs. 176.70 on 30-Jul-2024.

Last one week high and low of the scrip stood at Rs. 265.00 and Rs. 220.10 respectively. The current market cap of the company is Rs. 568.06 crore.

VVIP Infratech has received the tender awarded by Superintending Engineer, Construction Circle Uttarakhand Peyjal Nigam. The order value is around Rs 32.49 crore. The order is to be executed within 18 months from the Contact Date

The order is for Construction of STP, SPS & Sewer Line of Nagar Palika Parishad Narendernagar, including all Civil and E&M Works and their appurtenant works specified in BOQ of tender Document including confirmatory survey, design, testing, commissioning, and also include operation and maintenance work for STP - 15 Years (With 1 year DLP). Handing over all completed works to Uttarakhand Jal Sansthan on item rate Contract basis including supply of all materials, labour and T&P complete in Block Narendra Nagar of District Tehri (Uttarakhand) under SPA Programme.

VVIP Infratech is engaged in the business of construction of Infrastructure Projects, primarily, Sewer, Sewer Treatment plants, Water Tanks, Water treatment plants, Road sector development, Electrification Development, its Transmission and Distribution Infrastructure and building construction activity.