Dhruv Consultancy wins Rs 6.03 crore NHAI highway supervision project in Tamil Nadu

Government or defence orderBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹49.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-1.4% vs market

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Minutes after the announcementfrom the announcement price · no benchmark

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AI summary

Dhruv Consultancy Services, in association with Maark Civil Engineering, has received a Letter of Acceptance from NHAI for a 60-month supervision consultancy project on NH-383 in Tamil Nadu. Scope covers Operation and Maintenance of the Dindigul to Natham section, a 38 km two-lane stretch. Contract value is Rs 6.03 crore excluding GST. The order is domestic, awarded by a government entity, and there is no related party interest.

Likely market impact

New NHAI contract adds Rs 6.03 crore revenue visibility over 5 years, positive for small-cap order book.