Multibagger Civil Construction Company Receives An Order Worth Rs 14,14,74,136 From Taluka Krida Sankul Samiti, Udgir
The stock is up by 115.25 per cent from its 52-week low of Rs 98 per share.
Univastu India Limited has secured a significant contract to develop, construct and maintain a new sports complex in Udgir, Maharashtra. The company has received a Letter of Award from the Taluka Krida Sankul Samiti, Udgir, for the project, which is valued at Rs 14,14,74,136 (including GST). The sports complex will be built on SH217, Ramchandra Nagar and is expected to provide a much-needed boost to sports infrastructure in the region.
Univastu India Ltd, a construction company established in 2009, is dedicated to providing integrated engineering, procurement and construction services for civil and structural construction projects. With ISO certifications in quality, health and safety, and environmental management, the company is well-equipped to handle a wide range of projects, including civil construction water supply and drainage and road and bridge projects. Univastu India Ltd has successfully executed projects for various government and private agencies, demonstrating its expertise and reliability in the construction industry.
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The company has a market cap of Rs 240 crore and its 71.20 per cent stake is owned by promoters and 28.80 per cent is owned by public shareholders. The stock is up by 115.25 per cent from its 52-week low of Rs 98 per share. On Thursday, shares of Univastu India Limited gained 3.38 per cent to Rs 210.95 per share from the previous closing of Rs 204.06 with an intraday high of Rs 214.25 and an intraday low of Rs 205.10. Investors should keep an eye on this civil construction stock.
Disclaimer: The article is for informational purposes only and not investment advice.