Rs 4,717 crore order book: This civil construction stock bags two new orders worth Rs 4710.41 million from North Western Railway!

Shares of the company gained more than 10 per cent in the last six months.

Vishnu Prakash R Punglia Limited (VPRPL) has secured two significant contracts from the North Western Railway. The first contract, valued at Rs. 886.16 million, involves the construction of bridges, underpasses, platforms, and other infrastructure for the Pushkar-Merta New Broad Gauge line project in Ajmer. The second contract, awarded to a VPRPL joint venture, is for the major upgradation of Bikaner Railway Station, valued at Rs. 3824.25 million. These projects solidify VPRPL's position in the railway infrastructure sector and contribute to the ongoing expansion of India's railway network.

Recently, the company secured a contract worth Rs. 2731.13 million from U.P. Jal Nigam (Urban), Naini Prayagraj. The project involves surveying, designing, and constructing a water supply scheme for the Naini Extended Area in Prayagraj. VPRPL will be responsible for all aspects of the project, including material supply and labor. This win further strengthens VPRPL's position in the water supply and infrastructure sector. The company has an order book of Rs 4,717 crore.

Vishnu Prakash R Punglia is primarily engaged in execution of civil construction works involving construction of bridges, Road over bridge (ROB), roads with major focus on execution of Water Supply Projects (WSP) on engineering, procurement and commissioning (EPC) basis as well as providing operation and maintenance (O&M) services. The company is registered as 'AA' class contractor with Public Health Engineering Department (PHED), Rajasthan and has long association with various government entities, including urban local bodies.

The stock has shown impressive growth, and investors should keep a close eye on this stock.  

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