NHAI appoints Dhruv for Karnataka highway engineering services

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+5.0% vs market

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AI summary

Dhruv Consultancy Services, with Maark Civil Engineering Services, has been appointed by the National Highways Authority of India as independent engineer for operation and maintenance of NH-66 and NH-73 projects in Karnataka. The work covers four-laning and Mangalore port road links, runs for 60 months, and is valued at Rs 8,73,00,0000, excluding GST.

Likely market impact

The five-year government contract improves revenue visibility, but the filing gives no margin, payment schedule, or expected profit.