Rs 627.89 crore order book: Multibagger infrastructure consultancy company bags order worth Rs 5,70,00,202 from Gujarat State Road Development Corporation Ltd
The stock gave multibagger returns of 170 per cent in just 1 year and a whopping 430 per cent in 3 years.
Dhruv Consultancy Services Ltd, a leading Indian infrastructure consultancy firm, partnered with Infinite Civil Solutions Pvt Ltd to secure a consultancy contract from Gujarat State Road Development Corporation Limited (GSRDC). This contract involves providing independent engineering services for the construction of a 24.11-kilometer, four-lane high-speed corridor between Vataman and Pipali on State Highway 6 in Gujarat. The project will be executed under the Hybrid Annuity Mode (HAM) for 48 months with a total contract value of Rs 5,70,00,202 (excluding GST).
Today, shares of Dhruv Consultancy Services gained 0.75 per cent to Rs 135 per share with an intraday high of Rs 135 and an intraday low of Rs 134. The stock’s 52-week high is Rs 149.25 and its 52-week low is Rs 48.95
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.
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They can 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 200 crore and its current order book stands at Rs 627.89 crore as of March 31, 2024. The stock gave multibagger returns of 170 per cent in just 1 year and a whopping 430 per cent in 3 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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