Announced Mon, 22 Jun · 17:52 IST
GHV Infra wins Rs 213 Cr work order from related party for railway infra in West Bengal
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹217.35
prior close
₹226.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.3-1.8-2.7-0.2-3.4-3.2-3.9-6.0-7.0+4.4+8.1——
Up moveDown movePending
AI summary
GHV Infra Projects won a work order worth about Rs. 213 Crore (incl. GST) from GHV (India) Private Limited for railway infrastructure in West Bengal. Scope covers civil, electrical, mechanical, and telecom work for a coaching complex upgrade, freight maintenance facilities, and a loco shed. To complete in 14 months. Client GHV (India) is a related party since promoter Mr. Jahidmohmed Vijapura is also a director there. Deal is at arm's length.
Likely market impact
Large order lifts order book, but the related party angle warrants governance scrutiny despite arm's length confirmation.