Construction company bags order worth Rs 21 crore from Arun Kumar, AM Grand Associates at Suriyur, Trichy

The stock gave multibagger returns of 158 per cent from its 52-week low of Rs 63 per share.

AVP Infracon Limited has secured a significant domestic contract from Arun Kumar, AM Grand Associates in Suriyur, Trichy, for the turnkey construction of a cold storage facility and warehouse. The Letter of Acceptance (LOA) details an order valued at approximately Rs 21 crore, requiring completion within a 10-month timeframe. This project signifies a substantial commercial engagement for AVP Infracon, focused on delivering a complete construction solution for the client.

About AVP Infracon Limited

AVP Infracon Limited, a prominent infrastructure development company established in 2009, has been instrumental in shaping India's infrastructure landscape. With a strong focus on key areas like roads, bridges, irrigation projects, and urban development, AVP has successfully completed numerous projects across the country. The company's commitment to quality, safety, and timely delivery has earned it a reputation as a reliable and efficient partner for both government and private sector clients. AVP's in-house capabilities enable it to manage projects end-to-end, ensuring seamless execution and adherence to stringent standards.

The company maintains a substantial order book valued at over Rs 250 crore. The stock’s 52-week high is Rs 264.30 per share and its 52-week low is Rs 63 per share. The stock gave multibagger returns of 158 per cent from its 52-week low of Rs 63 per share.

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