A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)
ABINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
A B Infrabuild Limited has received a letter of acceptance from East Coast Railways (Indian Railways) for the construction of a Road Over Bridge (ROB) at km 629/11-13 in lieu of LC no-330 between Icchapuram and Jhadupudi Railway Stations under the Khurdha Road Division. The project involves building composite and T-Beam girders and is valued at approximately Rs. 66.96 crore. The contract is domestic, has a 24-month execution timeline, and involves no related-party interest. This adds fresh, government-backed revenue visibility for the company.
A meaningful new order from a government client (Indian Railways) strengthens the company's order book and provides two years of revenue visibility. Positive for sentiment, though the order size needs to be viewed against the company's overall revenue base to gauge materiality.