The total contract value is Rs 3,002.99 crores, inclusive of GST, and is segmented into a capital expenditure (Capex) of Rs 1,549.66 crores, operational expenditure (Opex) for the newly constructed network of Rs 929.79 crores, and Opex for the existing network of Rs 523.53 crore.

Similar to the Bihar contract, the project structure involves a 3-year construction period followed by a 10-year maintenance phase with escalating fees.

The shares of the company saw a spurt in volume by more than 1.54 times on BSE.

Mishtann Foods Ltd, Ganesh Housing Corporation Ltd, and Datamatics Global Services Ltd were among the top gainers on the BSE Smallcap index!

Looking at the action in the stock price today, it looks like the market anticipates stellar results from the company. 

Watch out for these stocks in Friday’s trading session!