Announced Wed, 13 May · 13:23 IST

M/s Brahmaputra - NCDC JV had recieved an LOA of an total amount Rs. 81,98,23,592 /-

Order Above 5pct RevenueBusiness Updates View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹152.20
prior close
₹147.20
base price
In-mkt
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AI summary

Brahmaputra Infrastructure's joint venture NCDC-Brahmaputra JV has received a Letter of Acceptance from North Frontier Railway (NFR), Construction Headquarters, for railway staff quarters construction. The Rs. 82 crore contract involves building 196 housing units (Type-II: 128, Type-III: 50, Type-IV: 18) along with pump house, overhead tank, drainage, roads and electrification works at Lumding-Furkating Doubling Project. The project is for Indian Railways, a government entity, and will be executed over 18 months starting from May 12, 2026. Work commencement is required within 15 days of the LOA date. This is a one-time domestic contract with no promoter interest in the awarding entity.

Likely market impact

The Rs. 82 crore order represents a significant contract win that will positively contribute to the company's revenue and order book. Being a government (Indian Railways) order under a national infrastructure project provides revenue visibility and reduces execution risk.