New work order received of Rs. 2,10,00,000
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Faalcon Concepts Ltd has received a new work order valued at Rs. 2.10 crore from Progressive Training Carrer And Welfare Organization. The order is for glass, glazing, and window work at the Ground Floor of Welldone Tech Park, Sohna Road, Sector-48, Gurgaon. The contract runs for 5 months with monthly billing tied to material delivery and performance. The order is fully domestic, and there is no related-party interest involved.
This is a modest new order for Faalcon Concepts that adds to its order book, but the Rs. 2.10 crore size and 5-month timeline suggest limited near-term impact on revenue or share price. Shareholders should watch for follow-up orders to gauge business momentum.