Afcons Infrastructure Limited has informed the Exchange about receipt of Letter of Award (LOA) from office of additional Chief Engineer PHED Project Region Udaipur.
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Afcons Infrastructure has received a Letter of Award (LOA) from the office of the Additional Chief Engineer, Public Health Engineering Department (PHED), Project Region Udaipur. The order relates to a government infrastructure project in the water supply or public health engineering space. The exact contract value and scope were not disclosed in the filing. This adds to the company's order pipeline from government clients.
Positive for order inflows but limited visibility on size since the contract value was not disclosed. Investors should look for further details to gauge material impact on revenue.