Rs 230 crore order book: This multibagger micro-cap company bags a new order from NHAI worth Rs 5.58 crore!

The order has to be executed within 60 months.

Dhruv Consultancy Services Limited informed in the exchange filing that Dhruv Consultancy Services Limited in association with Cividesign Consultant Private Limited has received the letter of award of consultancy services for independent engineer services during the operation & maintenance period for 4- laned Chikhali to Tarsod Section of NH-53 in the State of Maharashtra on hybrid annuity mode from the National Highways Authority of India. The contract price for the said Project will be Rs. 5,58,00,000. The contract period will be of 60 months.

Earlier, the company also received an order for independent consultancy services for the operation and maintenance of access controlled 6 lane Kundli-Manesar section in the state of Haryana on a BOT (Annuity) basis from the Haryana State Industrial & Infrastructure Development Corporation Limited. The order is worth Rs 1,40,22,000 and the order is to be completed in 36 months.

Dhruv Consultancy Services Limited is engaged in the business of consultancy services for the infrastructure industry. The company is involved in providing design, engineering, procurement, construction, and integrated project management services for highways, bridges, tunnels, architectural, environmental engineering, and ports.

On Tuesday, the stock opened at Rs 51.60, with a high and low of Rs 52.05 and Rs 50.20. The stock is currently at Rs 50.20, down by 1.26 per cent over its previous close of Rs 50.84.

The stock has given multibagger returns of over 220 per cent in the last three years. The company has an order book of Rs 230 crores, and investors should keep a close eye on this stock.

The article is for informational purposes only and not investment advice.