Announced Wed, 29 Apr · 15:30 IST

Dhruv Consultancy Services Limited has informed the Exchange regarding 'Regulation 30 Project updates'.

Govt Defence OrderBusiness Updates View source PDF

DHRUV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹35.50
prior close
₹37.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.9-2.8-2.8-2.8-4.4-0.8-4.1-6.8-11.5-15.5-12.7-16.0-23.1
Up moveDown movePending
AI summary

Dhruv Consultancy Services, in association with M/s. Designilla Pvt Ltd, has received a Letter of Acceptance from the National Highway Authority of India (NHAI) to act as Independent Engineer during the Operation and Maintenance period for the four-laning of the Kurali-Kiratpur section of NH-21 (New NH-205) in Punjab, on DBFOT basis under NHDP Phase-III. The contract is valued at Rs. 2.83 crore (plus GST) and runs for 36 months. The work involves overseeing the O&M of the highway stretch from Km 28.600 to Km 71.500. The company must furnish a performance bank guarantee within 15 days and execute the contract agreement as per the RFP. The order is domestic, with no related-party interest involved.

Likely market impact

Positive for the stock — adds a government-backed, multi-year order providing revenue visibility, though the absolute size is modest. Reinforces the company's position in NHAI's independent engineer segment.