Rs 1,000 Crore Order Book: Construction company bags order worth Rs 39.02 crore from KCP Infra Limited

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 63 per share.

AVP Infracon Limited has secured a significant domestic contract worth approximately Rs 39.02 crore from KCP Infra Ltd., entailing a six-month, performance-based maintenance project for highways in C&M Tanjore. This contract involves a back-to-back arrangement, focusing on comprehensive maintenance services within the specified highway sector.

About AVP Infracon Limited

AVP Infracon Limited, a prominent infrastructure development company established in 2009, has been instrumental in shaping India's infrastructure landscape. With a strong focus on key areas like roads, bridges, irrigation projects, and urban development, AVP has successfully completed numerous projects across the country. The company's commitment to quality, safety, and timely delivery has earned it a reputation as a reliable and efficient partner for both government and private sector clients. AVP's in-house capabilities enable it to manage projects end-to-end, ensuring seamless execution and adherence to stringent standards.

The company has a market cap of Rs 343 crore and maintains a substantial order book valued at over Rs 1,000 crore. The stock’s 52-week high is Rs 264.30 per share and its 52-week low is Rs 63 per share. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 63 per share.

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