Rs 646.35 crore order book: Road infrastructure consultancy company bags international order worth Rs 4,18,39,853 from Departamento De Aquisicoes, Mozambique
The stock gave multibagger returns of 130 per cent in just 1 year and a whopping 370 per cent in 3 years.
Dhruv Consultancy Services Limited, in partnership with Tritia Engenharia Lda, has secured a Letter of Contract Award (LOA) from the Director General – Departamento De Aquisicoes, Mozambique, a prestigious international entity. The contract, valued at Rs 4,18,39,853 including taxes, mandates the provision of consultancy services for the evaluation of high-crash locations, design of road improvements, preparation of tender documents, support to ANE and IP during the bidding period, and supervision of the implementation of the works. The contract, identified by reference number 3095/ANE/660/DG/DEA/2024, was awarded directly to Dhruv Consultancy Services Limited on September 19, 2024. The project is expected to be completed within 24 months.
About the Company
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.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
The company had a market cap of over Rs 200 crore and its current order book stands at Rs 646.35 crore as of June 30, 2024. The stock gave multibagger returns of 130 per cent in just 1 year and a whopping 370 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.