BSEConart Engineers Ltd-$MediumPositive
Announced Tue, 12 May · 13:03 IST

We are pleased to inform you that the company has received work order from M/s. Hindalco Industries Limited, for yellow soil filling and compound wall work at savli, Vadodara. The approx ....

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Price reaction · full curve 14 horizons · vs prior close
+9.1%1-day move
₹81.00
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₹82.63
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AI summary

Conart Engineers Ltd has received a work order from Hindalco Industries Limited for yellow soil filling and compound wall construction work at Savli, Vadodara, Gujarat. The approximate project value is Rs 49 Crores excluding GST. The work will be executed in two phases - Phase 1 within 4 months from the order date, and Phase 2 within 3 months after monsoon. The order was received on 11th May 2026. The work is for Hindalco's facility and the company confirmed no related party interest exists. Hindalco is a leading aluminium company and this represents a significant construction contract for Conart Engineers.

Likely market impact

A Rs 49 Crore work order from a major corporate client like Hindalco represents positive news for the company, indicating strong order book visibility. This should be supportive for the stock as it demonstrates the company's ability to secure large domestic contracts from established industrial players.