Rs 646.35 crore order book: Road infrastructure consultancy company bags order worth Rs 4,74,43,645 from National Highways Authority of India
The stock gave multibagger returns of 180 per cent in just 1 year and a whopping 600 per cent in 5 years.
Dhruv Consultancy Services Limited (DCL) has been awarded a significant contract by the National Highways Authority of India (NHAI) for providing Independent Engineer Services for the supervision of the 4-laning of the Aligarh-Palwal Section of NH-334D in Uttar Pradesh and Haryana. The project will be executed under the Hybrid Annuity Mode (HAM) and is divided into two packages: Package I, covering the section from Km. 0.00 to Km. 46.390, including the Khair and Jattari bypasses and Package II, covering the section from Km. 46.390 to Km. 69.110. The total contract value for both packages is Rs 4,74,43,645 (excluding GST).
DCL will be responsible for overseeing the construction and ensuring adherence to quality standards and project timelines. This contract is a testament to DCL's expertise in the field of engineering consultancy and its strong relationship with NHAI. The company is committed to delivering a high-quality project that will contribute to the development of the region.
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Dhruv Consultancy Services Ltd, founded in 2003, is an infrastructure project management consultancy firm offering a wide range of services across various sectors. Their expertise includes highway design, project management and quality control for projects involving highways, bridges, tunnels, buildings, environmental aspects and ports. They assist with all phases of a project, from pre-tender services like feasibility studies and contract preparation to post-tender services like construction supervision and safety audits. Additionally, they provide advisory services for lenders, financial planning, technical and legal advice, and bridge inspections. Their impressive client list includes government ministries, highway authorities and smart city development missions.
The company had a market cap of over Rs 230 crore and its current order book stands at Rs 646.35 crore as of June 30, 2024. The stock gave multibagger returns of 180 per cent in just 1 year and a whopping 600 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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